The outcome of perfectly competitive markets in which the price of each good is equal to its marginal cost.
Related information about marginal cost pricing:
- marginal-cost pricing (economics) -- Britannica Online Encyclopedia
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 ...
- Marginal cost - Wikipedia, the free encyclopedia
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing ...
- Marginal Cost Pricing
The question of how much of a good should be produced and what its price should be can be examined by considering the benefits and costs of various levels ...
- Marginal-Cost Pricing - Encyclopedia - The Free Dictionary
marginal-cost pricing. In economics, the practice of setting a product's price equal to the additional (marginal) cost of producing one more unit of output.
- Marginal cost pricing - The Free Dictionary
n. 1. (Economics) The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost ...
- Marginal-Cost Pricing - The Free Dictionary
n. 1. (Economics) The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost ...
- What is marginal cost pricing? definition and meaning
Definition of marginal cost pricing: The process of setting an item's price at the same level as the extra expense involved in producing another item. By using ...
- The Inefficiency of Marginal-Cost Pricing and The Apparent Rigidity ...
point of this paper is that marginal—cost pricing provides the wrong incentives + .... facing the firm subject to marginal—cost pricing, but it reaches the incorrect ...