With ________,Marketers Determine All of the Costs for the Product,and

question 64

Multiple Choice

With ________,marketers determine all of the costs for the product,and then add the desired profit per unit.

• A)demand-based pricing
• B)supply-based pricing
• C)cost-plus pricing
• D)physiological pricing
• E)marketing-oriented pricing

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Definitions:

Mass Service

Mass service involves delivering standardized services to a large number of customers, typically employing efficient processes and technology to achieve economies of scale.

Customised Service

Tailored services designed to meet the specific needs and preferences of individual customers or clients.

Advertising

The activity or profession of producing advertisements for commercial products or services.

Fast Food Outlet

A type of restaurant that serves quick-service food items with minimal table service, focusing on speed, convenience, and affordability.