Average Cost Pricing Rule

Business, Legal & Accounting Glossary

Definition: Average Cost Pricing Rule


Average Cost Pricing Rule


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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Average Cost Pricing Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 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: December 02, 2021).
American Psychological Association (APA):
Average Cost Pricing Rule. PayrollHeaven.com. Retrieved December 02, 2021
, 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.