With a cost-oriented pricing strategy, a price setter stresses the ____ side of the pricing problem and the price is set by look

Question

Reil [10]

3 years ago

12

With a cost-oriented pricing strategy, a price setter stresses the ____ side of the pricing problem and the price is set by look

ing at _____

Business

1 answer:

NeX [460] · Answer 1 · 2022-08-21T20:06:48+03:00

The answer to the first unknown is the "COST SIDE" while the answer to the second unknown in the problem is "PRODUCTION AND MARKETING COST". Hence, with a cost-oriented pricing strategy used and implemented by many companies, a price setter stresses the COST SIDE of the pricing problem and the price is set by looking at the PRODUCTION and MARKETING COST.