hich of the following statements concerned with pricing is not true? A. Where an entity is selling a unique product, it will set the price at the maximum amount bearable by the market. B. Some entities may use an average cost that includes both fixed and variable costs for cost-based pricing. C. Cost-based prices are difficult to calculate. D. Market-based pricing is based on competition in the market place.
Question
hich of the following statements concerned with pricing is not true? A. Where an entity is selling a unique product, it will set the price at the maximum amount bearable by the market. B. Some entities may use an average cost that includes both fixed and variable costs for cost-based pricing. C. Cost-based prices are difficult to calculate. D. Market-based pricing is based on competition in the market place.
Solution
Para responder a la pregunta, vamos a analizar cada una de las afirmaciones:
A. "Where an entity is selling a unique product, it will set the price at the maximum amount bearable by the market."
- Esta afirmación es verdadera. Cuando una entidad vende un producto único, generalmente intentará fijar el precio al máximo que el mercado pueda soportar.
B. "Some entities may use an average cost that includes both fixed and variable costs for cost-based pricing."
- Esta afirmación también es verdadera. Algunas entidades utilizan un costo promedio que incluye tanto costos fijos como variables para la fij
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