Question


Cost-plus pricing refers to
A. summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at the price.
B. setting the price of a line of products at a number of different price points.
C. adding a fixed percentage to the cost of all items in a specific product class.
D. setting prices to achieve a profit that is a specified percentage of the sales volume.
E. increasing the price slightly to protect against undue profit losses from unforeseen environmental forces.

Answer

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