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Which is not a drawback to cost-based pricing

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Reference no: EM132522007

Question 1: Which of the following is not a drawback to cost-based pricing?

A) Cost-based pricing requires accurate cost assignments.

B) The greater the portion of unassigned costs, the greater the likelihood of overpricing and underpricing individual products.

C) Cost-based pricing assumes goods or services are relatively scarce, and customers who want a new product or service are, generally, willing to pay the price.

D) In a competitive environment, cost-based approaches decrease the time and cost of bringing new products to marke

Reference no: EM132522007

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