The cost-plus pricing model gives consideration to the demand side-whether customers will pay the target selling price.

Name: The cost-plus pricing model gives consideration to the demand side-whether customers will pay the target selling price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost-plus pricing model primarily focuses on the cost side, adding a markup to the production cost to determine the selling price. The demand side is considered in other pricing models, such as value-based pricing or market-oriented pricing.

The Cost-Plus Pricing Model Gives Consideration to the Demand Side-Whether