Part 1[3]
Explain one advantage for Tomas of using cost-based pricing.
Business 9609 · AS & A Level · The marketing mix
Explain one advantage for Tomas of using cost-based pricing.
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “State an advantage of cost-based pricing (knowledge): for example, it is easy to work out, covers all costs, and guarantees a profit margin per unit.” …