Reference Entry

cost-plus pricing

John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Third edition

Published in print January 2009 | ISBN: 9780199237043
Published online January 2009 | e-ISBN: 9780191726637
cost-plus pricing

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A contract providing that price will equal measured costs plus an agreed percentage mark-up for profit. This procedure is criticized

Reference Entry.  104 words. 

Subjects: Economics

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