What Is Keystoning

question 61

Multiple Choice

What is keystoning?

• A) the practice of maintaining variable costs at one-half of total fixed costs
• B) a method used for determining the point of elasticity
• C) a method of changing consumers' perceptions about price
• D) the practice of marking up prices by 100 percent

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Definitions:

Advertiser's Website

A website owned by a business or individual for the purpose of promoting and advertising products or services.

Fixed Amount

A specific sum of money that does not change or vary under specified conditions.

Gratuitous

Provided without requiring anything in return; given freely or without charge.

Service

The provision of assistance or professional work performed for another person or organization.