The most common cost- based approach to pricing is .
A)cost- plus pricing
B)psychological pricing
C)yield management pricing
D)cost- minus pricing
E)demand- based pricing

Name: The most common cost- based approach to pricing is . A)cost- plus pricing B)psychological pricing C)yield management pricing D)cost- minus pricing E)demand- based pricing
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Question

Quizplus · Accepted Answer

Cost-plus pricing is the most common cost-based approach, where a fixed percentage is added to the cost of producing a product to determine its selling price.

The Most Common Cost- Based Approach to Pricing Is