Cost-plus pricing

ConceptMentioned in 1 video

A government procurement system where prices are determined by adding a percentage markup to the cost of production, criticized for inflating costs and disincentivizing efficiency in the defense industry.

Videos Mentioning Cost-plus pricing

E149: Hamas terror attacks in Israel: fallout, reaction, next steps

E149: Hamas terror attacks in Israel: fallout, reaction, next steps

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A government procurement system where prices are determined by adding a percentage markup to the cost of production, criticized for inflating costs and disincentivizing efficiency in the defense industry.