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You are administering a Storage Foundation 5.0 server. You need to create a new mirrored-striped volume using the command line. What should you do?
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Which of the following price strategies would one use if they allow the seller to charge an hourly rate for labor plus the cost of materials and allowable expenses?
A. Market based approach
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C. Market demand pricing
D. Time and material contracts
Answer: D
Explanation:
One would use time and material contracts if they allow the seller to charge an hourly rate for labor plus the cost of materials and allowable expenses. Market demand pricing is the price strategy one would use if the seller determines demand and prices at a level that meets customer expectations and provides an acceptable profit. They would use loss leader pricing if they seek to recover variable cost while enticing a buyer with a price that covers neither the fixed cost nor profit. And, market based approach is actually a product price structure.

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