which of the following pricing strategies is illegal in the united states and many other countries?\nprice…
which of the following pricing strategies is illegal in the united states and many other countries?\nprice skimming\nbait - and - switch advertising\nprice fixing\npenetration pricing\nquestion 2\n3 pts\nthe total cost per unit is a combination of which types of costs?\nsupplies and utilities\nvariable and fixed\nmaterials and labor\nrent and equipment
Answer
Brief Explanations:
For the first question, price - fixing is an agreement among competitors to set prices, which is illegal as it restricts competition. Bait - and - switch is illegal advertising but not a pricing strategy in the same sense. Price skimming and penetration pricing are legal pricing methods. For the second question, total cost per unit is the sum of variable costs (costs that change with production volume) and fixed costs (costs that don't change with production volume). Supplies and utilities, materials and labor, rent and equipment are components that can be part of variable or fixed costs but don't directly define the types of costs for total cost per unit calculation.
Answer:
- C. price fixing
- B. variable and fixed