Average Cost Pricing Rule

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Definition: Average Cost Pricing Rule

Average Cost Pricing Rule
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Full Definition of Average Cost Pricing Rule

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.

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https://payrollheaven.com/define/average-cost-pricing-rule/
Modern Language Association (MLA):
Average Cost Pricing Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/average-cost-pricing-rule/.
Chicago Manual of Style (CMS):
Average Cost Pricing Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/average-cost-pricing-rule/ (accessed: April 19, 2024).
American Psychological Association (APA):
Average Cost Pricing Rule. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/average-cost-pricing-rule/

Definition Sources

Definitions for Average Cost Pricing Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.