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marginal cost

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What is the difference between constant opportunity cost and increasing opportunity cost?

Real cost is the price which is real not a fake price


How do you calculate the difference between margin and markup in pricing strategies?

To calculate the difference between margin and markup in pricing strategies, you can use the following formulas: Margin (Selling Price - Cost) / Selling Price Markup (Selling Price - Cost) / Cost Margin represents the percentage of the selling price that is profit, while markup represents the percentage of the cost that is profit. The key difference is that margin is calculated based on the selling price, while markup is calculated based on the cost.


What's the difference between margin and markup when calculating profits?

Margin is the percentage of profit made on the selling price, while markup is the percentage of profit made on the cost price. Margin is calculated as (Selling Price - Cost Price) / Selling Price, while markup is calculated as (Selling Price - Cost Price) / Cost Price.


What is the difference between unit cost and cost per unit?

nit cost is the average cost of making a product and cost per unit is the marginal cost


What's the difference between margin and markup when calculating pricing for products or services?

Margin is the percentage of profit made on a product or service, calculated as the difference between the selling price and the cost of production divided by the selling price. Markup, on the other hand, is the percentage added to the cost of production to determine the selling price. In essence, margin is based on the selling price, while markup is based on the cost of production.

Related Questions

The difference between price and average variable cost is defined as?

Profit contribution


What is the difference between cost and list price?

whats the difference between cost and list?


What is the difference between fifo and average method?

In Fifo method stock and price of material is used as per first in first out basis while in average cost method all materials cost is merged and calculated the average price of units of material and that price is used. In average method there is no difference between what material was already in stock and what have come in stock later.


What is price erosion?

difference between actual cost and potential price


What is the difference between constant opportunity cost and increasing opportunity cost?

Real cost is the price which is real not a fake price


What is the definition of profit and loss in mathematics?

Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.


How much the Price difference between cupronickel and steel?

they cost the same


What is profit and loss in mathematics?

Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) &rarr; ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) &rarr; Loss


What is cost What is the difference between total cost and average cost?

Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.


What is the difference between the initial price of 55000 and the final cost of 29999?

25001


How do you calculate the difference between margin and markup in pricing strategies?

To calculate the difference between margin and markup in pricing strategies, you can use the following formulas: Margin (Selling Price - Cost) / Selling Price Markup (Selling Price - Cost) / Cost Margin represents the percentage of the selling price that is profit, while markup represents the percentage of the cost that is profit. The key difference is that margin is calculated based on the selling price, while markup is calculated based on the cost.


Is the difference between the price of a good and the cost to make the good on a per product basis and it is usually expressed as a percentage?

_____ is the difference between the price of a good and the cost to make the good, on a per product basis; and, it is usually expressed as a percentage.