One method of setting price using the cost plus method is to add A a given

One method of setting price using the cost plus

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94) One method of setting price using the cost-plus method is to addA) a given percentage of fixed cost to total fixed cost.B) a given percentage of average total cost to average total cost.C) a given percentage of average variable cost to average total cost.D) a given percentage of marginal cost to marginal cost of production.Answer: B94)Diff: 2Page Ref: 532-533/532-533Topic: Cost-Plus PricingLearning Outcome: Micro 16: Discuss the functions of cooperation, competition, and public policies inoligopoliesAACSB: Reflective Thinking95) Which of the following isnotan advantage cost-plus pricing?95)Diff: 2Page Ref: 533-534/533-534Topic: Cost-Plus PricingLearning Outcome: Micro 16: Discuss the functions of cooperation, competition, and public policies inoligopoliesAACSB: Reflective Thinking96) All of the following are disadvantages of cost-plus pricingexcept96)Diff: 2Page Ref: 533-534/533-534Topic: Cost-Plus PricingLearning Outcome: Micro 16: Discuss the functions of cooperation, competition, and public policies inoligopoliesAACSB: Reflective Thinking
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