Which of the following statements regarding cost-oriented approaches is most accurate? These methods focus on the demand side of the pricing problem. These methods focus on production and marketing expenses. Target return on investment is an example of a cost-oriented method. Experience curve pricing is simple to use because costs predictably decrease by 25 percent with each doubling of production Cost-oriented approaches are a subcategory of competition-oriented methods. 39. 000 Controlling agreements between independent buyers and sellers whereby sellers are required to not sell products below a minimum retail price is called competitive collusion. price cooperation. horizontal price fixing. lateral price fixing. vertical price fixing. 3 < 80 Question 39 (of 100) $ 4 13 % 5 15 6 12 fo & 7 reser W IN 8 a Time re 40. Question 40 (of 100) Penetration pricing is intended to appeal to which market? highly selective, quality-seeking consumers price-insensitive markets specialty product markets the same markets as those targeted with a skimming pricing strategy the mass market ^ 02018 McGraw-Hill Education. All rights reserved,