Sentence examples for marginal cost pricing from inspiring English sources

Marginal cost pricing would mean higher bills for many customers, and more profits for water companies.

He argued in favour of the long-run marginal cost pricing rule when a public enterprise sold its output within the public sector.

In the traditional approach, some researchers believe in Marginal Cost Pricing while others believe in monopoly of production side.

Hande et al.[14] similarly consider sigmoid utility functions under a single resource constraint, and give conditions under which the Nash equilibrium using marginal cost pricing is optimal.

In our paper, the default system is monopolistic and combines average cost pricing with fixed entity profit, while the reformed system is characterized by competitive marginal cost pricing.

The focus of this paper mainly concerns with conditions needed for optimality, marginal cost pricing rules, and decentralized non-convex economy.

Congestion pricing was developed as a first-best solution, based on the assumption that the optimal price of road space equals the marginal cost price if all other goods in the economy are also marginal cost priced.

Marginal-cost pricing, in economics, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output.

In the mid-20th century, proponents of the ideal of perfect competition—a scenario in which firms produce nearly identical products and charge the same price favoured the efficiency inherent in the concept of marginal-cost pricing.

More specifically, assuming that a government agency manages both transportation and power systems, we develop the first-best pricing model, based on which a marginal-cost pricing scheme is derived.

So if a pharmaceutical company can recoup its sunk costs by charging higher prices in the U.S., it can still make money by selling drugs above their marginal costs in price-controlled countries.