3. Oligopoly Models d) Cost-plus pricing
{"Image DocumentName": "3. Oligopoly Models d) Cost-plus pricing", "Image ImageDescription": "Also known as mark-up pricing. Price = unit cost + a margin (%) Example: the unit cost of washing machines is  200 plus a 50% mark-up => Price =  300. If producers in an industry have roughly similar costs, then the cost-plus pricing formula will result in similar prices and price changes. Therefore, Cost-plus pricing is consistent with collusion and price leadership.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}