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What is cost-plus-pricing?

Updated: 9/13/2023

Wiki User

∙ 15y ago

Best Answer

Cost-plus-pricing is one of the simpler methods of price setting. Cost-plus-marketing basically is adding a standard mark up to a product after production and distribution costs have been met. This method which ignores demand and competitor pricing is not highly recommended for a company looking for high profit margins.

Wiki User

∙ 15y ago

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