_____ is defined as a cost-oriented pricing approach that involves totaling up the costs of producing a product or completing a project and then adding on a percentage or fixed profit amount.
A)Cost-plus pricing
B)Rate-of-return pricing
C)Prestige pricing
D)Predatory pricing

Question

Quizplus · Accepted Answer

Cost-plus pricing involves calculating the total cost of production and then adding a percentage or fixed profit margin to determine the final price. This approach is commonly used in manufacturing and construction industries, where projects have a clear set of inputs and require accurate cost estimation.

_____ Is Defined as a Cost-Oriented Pricing Approach That Involves