Examlex
F.O.B.origin,freight collect,is a delivery term that shifts all responsibility for freight costs to the buyer.
Lower Limit
The minimum threshold or boundary for a variable or parameter within a given context, such as statistical control limits.
Cost-Based Pricing
A pricing method that determines the selling price of a product by adding a markup to its total cost.
Mark-Up Percentage
The percentage added to the cost price of goods to cover overhead and profit in the selling price.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good.
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