Match the following statements to the appropriate terms. A system that starts with what consumers are...

Match the following statements to the appropriate terms.

A system that starts with what consumers are willing to pay for a product and tries to design a product at a cost that allows a reasonable profit	Cost-plus pricing, Target costing,Customer profitability analysis,Economic pricing,Activity-based pricing
A way of using activity-based methods to assess which customers are covering the costs they are generating	Activity-based pricing,Customer profitability analysis,Target costing,Economic pricing,Cost-plus pricing
A system that charges customers for the services they consume	Target costing,Economic pricing,Cost-plus pricing,Activity-based pricing,Customer profitability analysis
A system that prices based on the laws of supply and demand	Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing
A system that sets prices based on costs	Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing

Expert Solution

Question	Options	Answer
A system that starts with what consumers are willing to pay for a product and tries to design a product at a cost that allows a reasonable profit	Cost-plus pricing, Target costing,Customer profitability analysis,Economic pricing,Activity-based pricing	Target costing
A way of using activity-based methods to assess which customers are covering the costs they are generating	Activity-based pricing,Customer profitability analysis,Target costing,Economic pricing,Cost-plus pricing	Customer profitability analysis
A system that charges customers for the services they consume	Target costing,Economic pricing,Cost-plus pricing,Activity-based pricing,Customer profitability analysis	Activity-based pricing
A system that prices based on the laws of supply and demand	Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing	Economic pricing
A system that sets prices based on costs	Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing	Cost-plus pricing

ekkarill92 answered 3 years ago

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