When using traditional,cost-based pricing,the pricing decision is made after products have been put into production.

Name: When using traditional,cost-based pricing,the pricing decision is made after products have been put into production.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Traditional, cost-based pricing involves calculating the production costs and adding a markup before setting the final price. Therefore, the pricing decision is made after the products have been put into production.

When Using Traditional,cost-Based Pricing,the Pricing Decision Is Made After Products