Business GCSE
Cost-plus pricing and the effect of growth on average cost
What Cost-plus pricing and the effect of growth on average cost means in Business GCSE, as defined for AQA.
Definition of Cost-plus pricing and the effect of growth on average cost
Check what you remember
Read the wording for your board, then hide it and explain Cost-plus pricing and the effect of growth on average cost in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Cost-plus pricing adds a percentage mark-up to the unit cost, and as output grows fixed costs are spread over more units so average cost tends to fall.
Topics that use Cost-plus pricing and the effect of growth on average cost
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- Brand awareness
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Using Cost-plus pricing and the effect of growth on average cost in the exam
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