Question: 1 . Margin pricing is A . Similar to mark - up pricing in that price is based on the relationship between cost and profit.
Margin pricing is
A Similar to markup pricing in that price is based on the relationship between cost and profit.
B Based on direct costs must cover both indirect cost and profit.
C Based on total cost must only provide for profit.
DMarketshare pricing is based on the assumption that longrun profitability is associated with market share with the goal of dominating the market through market penetration. When employing this strategy, the seller normally attempts to:
A Build efficient operations.
B Set price at or below competitors' prices to win market share.
C Lower prices as costs fall.
D All of these
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