Question

Marginal cost pricing is generally followed by

Answer 1

Answer:

Marginal-cost pricing, in economics, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. ... By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labour.

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Answer 2

Answer:

Marginal-cost pricing, in economics, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. ... By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labour.

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