Question

Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?
a. Demand-based pricing
b. Yield management
c. Competition-based pricing
d. Cost-plus pricing
e. Markup pricing"

Answer 1

Answer:

b. cost-plus pricing

Explanation:

cost-plus pricing is a price base that involves a markup addition to the cost of services and goods to get to the final selling price. In this technique you compute all cost (material, labor, etc) and then add a percentage in order to obtain the product's price