solution

Plein Soleil, believes in extracting Nature’s finest offerings to create products that nourish & nurture life. They thrive to skillfully blend natural ingredients with the latest technologies to achieve the perfect recipe for a balanced life. Year after year, They proudly earned their reputation with their relentless dedication to quality and their endless series of innovations. Today, that commitment to quality is deeply embedded in their culture. “Plein Soleil” uses the following pricing strategy: They placed a low price on the product and then designs it in a way to make it cost less than the price. This competing price is not the ultimate profit wanted, but it matches that of the competitors. What type of costing is this? *

1 Fixed Costs

2 Variable Costs

3 Target Costing

4 Market Skimming