The smith sneaker corporation wants to make a minimum profit of 30% on its newest running shoe. To set the selling price for the

Question

2 years ago

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new shoe, the company would use_____ pricing. A. Cost-based B. Cost-plus C. Variable-cost D. Fixed-cost

1 answer:

bonufazy [111] · Answer 1 · 2023-02-19T04:07:17+03:00

In order to set the selling price for the new shoe, the company would use fixed cost pricing.

<h3>What is a fixed cost?</h3>

It should be noted that the fixed cost simply mean the cost that's doesn't vary based on the production level.

In this case, in order to set the selling price for the new shoe, the company would use fixed cost pricing.

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