Asked by giannah alessandra on Apr 25, 2024

Cost ________ pricing is one of the most commonly used pricing tactics, largely because it is easy, but it is not very effective at maximizing profits.

Cost Plus Pricing

A pricing strategy where a fixed percentage or amount is added to the cost of producing a product to determine its sale price.

  • Learn the critical concepts and strategies that inform various pricing formats.
  • Acquire knowledge of how costs influence pricing tactics and the logic behind adjustments in prices.