The major weakness of average-cost pricing is that it
A)ignores likely customer demand at different prices.
B)usually leads to losses instead of profits.
C)always results in a profit that is less than expected.
D)is too hard for most managers to use.
E)All of these are major weaknesses of average-cost pricing.

Question

Quizplus · Accepted Answer

Ignoring demand is the major weakness of average-cost pricing.

The Major Weakness of Average-Cost Pricing Is That It