You need to log-in or subscribe in order to use Student access.

Glossary: Price

Cost-plus pricing (or mark-up pricing)Adds a profit margin to the costs of production, thereby ensuring that each unit sold contributes towards the profits of the firm.Loss leader pricingPricing a product below its cost of production so as to attract customers to also buy other items (with a higher profit margin).Mark-up (or the profit margin)The difference between the price and the cost per unit.

To access the entire contents of this site, you need to log in or subscribe to it.

Alternatively, you can request a one month free trial.