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The correct expression for cost plus pricing is Price = Cost (1 + profit margin). %3D Price = Cost + profit margin. Price =
The correct expression for cost plus pricing is Price = Cost (1 + profit margin). %3D Price = Cost + profit margin. Price = Cost (1 + mark-up). %3D Price = Cost + (1 + mark-up).
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Option 3 Costplus ...
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
