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Match the following statements to the appropriate terms. A system that starts with what consumers are willing to pay for a product and tries to

Match the following statements to the appropriate terms.

A system that starts with what consumers are willing to pay for a product and tries to design a product at a cost that allows a reasonable profit

Cost-plus pricing, Target costing,Customer profitability analysis,Economic pricing,Activity-based pricing

A way of using activity-based methods to assess which customers are covering the costs they are generating

Activity-based pricing,Customer profitability analysis,Target costing,Economic pricing,Cost-plus pricing

A system that charges customers for the services they consume

Target costing,Economic pricing,Cost-plus pricing,Activity-based pricing,Customer profitability analysis

A system that prices based on the laws of supply and demand

Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing

A system that sets prices based on costs

Economic pricing,Activity-based pricing,Customer profitability analysis,Cost-plus pricing,Target costing

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