cost pricing
1Average cost pricing — is one of the ways government regulate a monopoly market. Monopolists tend to produce less than the optimal quantity pushing the prices up. Government may use average cost pricing as a tool to regulate prices monopolists may charge.Average cost… …
2marginal-cost pricing — In economics, the practice of setting a product s price equal to the additional (marginal) cost of producing one more unit of output. The producer charges an amount equal to the cost of the additional economic resources. The policy is used to… …
3Average Cost Pricing Rule — A pricing strategy that regulators impose on certain businesses to limit the price they are able to charge consumers for its products/services equal to the costs necessary to create the product/service. This implies that businesses will set the… …
4full cost pricing — A method of setting the selling prices of a product or service that ensures the price is based on all the costs likely to be incurred in its supply. Compare: cost plus pricing, marginal cost pricing …
5marginal cost pricing — The setting of product selling prices based on the charging of marginal costs only to the product. The approach is only likely to be used in exceptional circumstances, such as when competition is intensive, as its application to the complete… …
6full cost pricing — An approach to setting selling prices that attempts to ensure that the price of a good or service is based on all the costs incurred in its supply, including overheads It usually involves an absorption approach to the costing of units. Compare… …
7marginal cost pricing — The setting of product selling prices based on the charging of marginal costs only to the product. The approach is only likely to be used in exceptional circumstances, such as when competition is intensive, as its application to the complete… …
8Pricing strategies — for products or services include the following: Contents 1 Competition based pricing 2 Cost plus pricing 3 Creaming or skimming 4 Limit pricin …
9average cost pricing — /ˌæv(ə)rɪdʒ kɒst ˌpraɪsɪŋ/ noun pricing based on the average cost of producing one unit of a product …
10full cost pricing — /ˌfυl kɒst praɪsɪŋ/ noun a pricing method based on assessing the full production cost of each product unit and adding a profit margin …
