Question


Assume it costs Lady Marion Seafood, Inc. $30 to catch, process, freeze, package, and ship 5-pound packages of Alaskan salmon. The firm adds 60 percent to the cost of its salmon products and charges customers a total of $48 for a postage-paid vacuum-sealed package. What type of pricing does Lady Marion Seafood use to arrive at its final price?
A. target return-on-sales pricing
B. bundle pricing
C. standard markup pricing
D. target profit pricing
E. customary pricing

Answer

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