Topic
Pricing Methods
Instructions
Discuss pricing methods.
Answer preview
It is a pricing method that also known as price spread. However, it is the difference occurring between the cost or service and selling price of a product. In most cases, mark up pricing method adds mark up into the total cost incurred by the service or goods producers aimed at covering the costs of doing business (Vardakas, Zorba, & Verikoukis, 2014). It also aims at creation of profit.
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