Essay On Prices Of Other Competing Organizations

Business Economics Assignment Business Economics Assignment Business economics assignment Part A 1. Many firms have similar cost structures, it might be possible to predict the prices of other competing organizations. Also cost plus pricing is simple to compute. Markup= (price-cost)/ cost price= cost (1+markup) P= Lab+ Mat+ Mkt+ F/Q+Z*A/Q Q: planned output A: gross operating.