_______ is a method of setting prices which occurs when marginal revenue equals marginal cost.
a. Break-even pricing
b. Break-even pricing
c. Cost-plus pricing
d. Profit maximization
Answer: d. Profit maximization
_______ is a method of setting prices which occurs when marginal revenue equals marginal cost.
a. Break-even pricing
b. Break-even pricing
c. Cost-plus pricing
d. Profit maximization
Answer: d. Profit maximization