Woodsgift Farm sells floral jellies - jellies made from pansies, honeysuckle, wisteria, and other flowers. To price its jellies, the owners of the farm, add 30 percent to the cost of everything that goes into making the jellies including their salaries, jars, sugar, and pectin. What is this pricing method called?
A.
target return-on-sales pricing
B.
flexible pricing
C.
cost-plus-fixed-fee pricing
D.
standard markup pricing
Answer: D
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Marketing
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