Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Choose the method of pricing that includes sunk cost and ignores opportunity cost while calculating cost.

Options:

Penetration Pricing

Variable Pricing

Skimming Pricing

Cost-plus Pricing

Correct Answer:

Cost-plus Pricing

Explanation:

The correct answer is option (4) - Cost-plus Pricing