Countries designated "middle income" have per capita incomes of ________

A) less than $995
B) between $1,025 and $12,476
C) between $12,477 and $23,221
D) between $23,222 and $34,021

B

Business

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Joe Bergerson makes and sells maple racks for cooling cakes and cookies. Joe knows that it costs $15 to make one rack, and he wants to earn a 25 percent profit on each rack. Which approach to pricing is Joe most likely to use?

A) demand-based pricing B) target costing C) cost-plus pricing D) yield management pricing E) value pricing

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