Which of the following pricing policies best identifies when a product should be expanded,maintained,or discontinued?
A) full-cost pricing policy
B) target-pricing policy
C) marginal-pricing policy
D) market-share pricing policy
E) markup pricing policy

Question

Quizplus · Accepted Answer

Marginal-pricing policy focuses on the additional costs of producing one more unit of a product. This approach helps in determining whether the production of additional units is financially viable, which can inform decisions on whether to expand, maintain, or discontinue a product based on its marginal costs and revenues.

Which of the Following Pricing Policies Best Identifies When a Product