Question: Jamal has a contract to design an online simulation model for training national guard units. The contract calls for the final price to be set
Jamal has a contract to design an online simulation model for training national guard units. The contract calls for the final price to
be set at a fixed percentage profit over and above the cost of production. This seems to represent a
supply and demand formula.
demandbased pricing strategy.
price leadership pricing strategy.
costbased pricing strategy.
Ouestion
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