The Pricing Method That Is Used Primarily by Service Businesses

question 28

Multiple Choice

The pricing method that is used primarily by service businesses is

• A)return on assets pricing.
• B)gross margin pricing.
• C)target cost pricing.
• D)time and materials pricing.

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Definitions:

Behavior Cause

The underlying reasons or motivations that drive the actions or reactions of an individual or organism.

Laboratory Observation

A research method involving the detailed study of behavior in a controlled setting, allowing for precise measurement and control of variables.

Naturalistic Observation

A research method in which subjects are observed in their natural environment without any manipulation by the researcher.

Inferential Statistical Analyses

A branch of statistics that allows researchers to make predictions or inferences about a population based on a sample of data.