Question: Question 1 2 Athough bresk - even analysis and cost - plus pricing are important tools in setting prices based on the firm's cost structure,
Question
Athough breskeven analysis and costplus pricing are important tools in setting prices based on the firm's cost structure, they should never be the driving, force behind pricing strategy. Why?
Atms want to make a profit not just break even.
Different ilirms have different cost structures
Competitors prices are far more important in setting prices.
Prices shoutd be based on demand not costs
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
