When a seller determines the selling price by adding to cost an amount for profit and expenses not previously accounted for, what type of pricing is the seller using?

a. demand-oriented pricing
b. profit maximization pricing
c. markup pricing
d. target return pricing

Ans: c. markup pricing

Business

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Susan Clarks, a white female applicant, is refused a job at a state university in favor of a less-qualified minority applicant. She considers suing the state university on charges of reverse discrimination against her, under _____.

A. the Thirteenth Amendment B. the Fourteenth Amendment C. the Twenty-Second Amendment D. the Civil Rights Act of 1866 E. Title VII of CRA of 1964

Business

For which of the following types of credit plans is the interest tax deductible?

A) a home equity loan B) an auto loan C) a credit card D) a life insurance policy cash value loan E) a person cash loan from a credit union

Business