Cost$-$based pricing is generally viewed as fair by customers because

the pricing process is fully transparent.

retailers, in the event of a price increase, absorb some of the cost.

everyone pays the same price.

everyone pays a low pricem

During the introduction stage of a product, prices are $$ and then $$ over the product life cycle.

lower; decrease

lower; increase

higher; increase

higher; decrease

During the introduction stage of a product, prices are $$ and then $$ over the product life cycle.

lower; decrease

lower; increase

higher; increase

higher; decrease

During the introduction stage of a product, prices are $$ and then $$ over the product life cycle.

lower; decrease

lower; increase

higher; increase

higher; decrease

During the introduction stage of a product, prices are $$ and then $$ over the product life cycle.

lower; decrease

lower; increase

higher; increase

higher; decrease