Limitation on prices businesses charge to customers imposed by regulators. The amount a business can charge for its product or service is equal to the cost required to create that product or service. Limitation is generally placed on monopolies, legal or natural industries.
Related information about average cost pricing rule:
- Average Cost Pricing Rule Definition | Investopedia
A pricing strategy that regulators impose on certain businesses to limit the price they are able to charge consumers for its products/services equal to the costs ...
- Average cost pricing - Wikipedia, the free encyclopedia
Average Cost Pricing Rule on Investopedia; Chen, Yan. "An Experimental Study of the Serial and Average Cost Pricing Mechanisms," Journal of Public ...
- Average Cost Pricing Rule: Definition from Answers.com
Average Cost Pricing Rule A pricing strategy that regulators impose on certain businesses to limit the price they are able to charge.
- What is average cost pricing rule? definition and meaning
Definition of average cost pricing rule: Limitation on prices businesses charge to customers imposed by regulators. The amount a business can charge for its ...
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Average cost pricing rule – It is a price rule for a natural monopoly that sets the price equal to average cost and enables the firm to cover its costs and earn a ...
- A markup over average cost pricing rule for meat ... - ScienceDirect
This paper tests the hypothesis that meat and poultry wholesalers choose their inventory levels together with wholesale price so as to maximize profit made over .
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If a natural monopoly has an average cost pricing rule imposed, the rule will, reduce the consumer surplus and generate a deadweight loss when compared to a ...
- A markup over average cost pricing rule for meat and poultry in the ...
A markup over average cost pricing rule for meat and poultry in the United States. Contents: Author info; Abstract; Bibliographic info; Download info; Related ...