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प्रश्न
Markup pricing is also called as ______.
विकल्प
Cost pricing
Marginal priced
Cost plus pricing
Cost based pricing
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उत्तर
Markup pricing is also called as cost plus pricing.
Explanation:
The basic idea underlying this approach is that a product’s selling price must cover its full cost and yield a reasonable margin of profit. The margin may be a fixed amount per unit or a percentage of cost. The margin is known as 'markup', and, therefore, cost plus pricing is also known as ‘markup pricing’.
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संबंधित प्रश्न
______ is the most common method used for pricing.
Setting a price below than that of the competition is called ______.
Under this Pricing Strategy, a business firm adjusts its own price policy in accordance with general pricing structure in the industry.
______ determines the sales volume and the profit margins.
Which pricing strategy will be used to launch a high end auto motors?
“Parity pricing is not relevant under the present marketing conditions.” Justify either for or against by giving two reasons.
Mention the advantages of cost plus pricing.
State two disadvantages of Cost plus pricing policy.
What pricing strategy will be used to launch shampoo?
Discuss the cons of Penetrating Pricing Policy.
