In cost-plus pricing, plus refers to a component named as
a. off shore cost
b. markup
c. sunk cost
d. outsource cost
To answer this question, you must understand each answer choice in the multiple-choice above. So you will find the right answer.
A. off shore cost
It is Wrong Because off shore cost does not include the correct answer.
B. markup
it is True, because markup is the best and correct answer to the above question. so, choose this answer.
C. sunk cost
Wrong. Because sunk cost is a bad choice for an answer.
D. outsource cost
This is also wrong, outsource cost Not completely the correct answer.
The Answer From In cost-plus pricing, plus refers to a component named as
So the correct answer is B i.e. markup. Hopefully, it can help work on your problem and can add to your insight as well.
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