Question

Jersey's Smoothie Bar has decided to set its pricing structure based on an annual percentage of the amount earned as a result of financial investment as a quantifiable means to gauge the success of their pricing. This pricing structure is known as

Answer 1

Jersey's Smoothie Bar set pricing structure

as a quantifiable means target return on investment pricing.

What is pricing method?

A pricing method is used to calculate the price to be set as regards a product so as to have a return with desired profit .

Therefore, Jersey's Smoothie Bar utized this pricing strategy to meet their target.

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