Learning Task 2, Directions: Choose The Letter Of The Best Answer. Write The Chosen Letter On A Sepa

Learning Task 2

Directions: Choose the letter of the best answer. Write the chosen letter on a separate sheet of paper.

1. It is the amount charged for product or service.
A. Mark up C. Setting the price
B. Price D. Costs play

2. A decision owners or manager have to make.
A. Mark up C. Setting the price
B. Price D. Costs play

3. Is the simplest pricing method, commonly used with long term decisions in mind.

A Costs Play C. Setting the price
B. Cost-based pricing D. Mark-up

4. Is used to derive long term price of a produce that is needed in order to pay for all expenses.

A. Absorption pricing
B. Cost-based pricing
C. Setting the price
D. Price

 

Answer:

1.a

2.c

3.

4.d

Explanation:

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