Which of the Following Pricing Techniques Results in the Manufacturers

question 311

Multiple Choice

Which of the following pricing techniques results in the manufacturers deliberately adjusting the composition and features of a product to achieve the target price to consumers?

• A) cost-plus percentage-of-cost pricing
• B) standard markup pricing
• C) cost-plus fixed-fee pricing
• D) experience curve pricing
• E) target pricing

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Definitions:

Tax

A financial charge or levy imposed by a government on individuals or entities to fund public expenditure.

Excise Tax

A tax imposed on specific goods or services, such as tobacco, alcohol, and gasoline, typically intended to discourage their consumption or generate revenue.

Fried Twinkies

A dessert made by deep-frying a Twinkie, often resulting in a crispy exterior and soft, warm interior.

Consumers

Individuals or groups who purchase goods or services for personal use and not for manufacturing or resale.