Asked by
Christopher Mergen
on Dec 15, 2024
Verified
For which of these products is its manufacturer most likely to use basing-point pricing?
A) pet food
B) furniture
C) crystal glass bowls
D) coal
E) cut flowers
Basing-Point Pricing
A pricing strategy where the price of goods includes transportation costs from a specific location, regardless of where they are actually shipped from.
Crystal Glass Bowls
Decorative or functional bowls made from crystal glass, valued for their clarity and craftsmanship.
Coal
A combustible black or brownish-black sedimentary rock used primarily as an energy source and in various industrial processes, including electricity generation.
- Comprehend the influence of geographic location and transportation methods on the pricing and distribution of goods.
- Discern the distinct geographic pricing tactics such as FOB origin pricing, uniform delivered pricing, and multiple-zone pricing.
Verified Answer
LR
Learning Objectives
- Comprehend the influence of geographic location and transportation methods on the pricing and distribution of goods.
- Discern the distinct geographic pricing tactics such as FOB origin pricing, uniform delivered pricing, and multiple-zone pricing.