kostnaðardrif
Kostnaðardrif, also known as cost-based pricing, is a pricing strategy that involves determining the price of a product or service based on the costs associated with its production. This approach aims to cover all expenses, including production costs, overheads, and a profit margin, and is commonly used in industries where production costs are significant and relatively stable.
In kostnaðardrif, the price is calculated by adding a markup to the total cost of production. The
One of the main advantages of kostnaðardrif is its simplicity and ease of implementation. It is straightforward
However, kostnaðardrif also has its limitations. It may not be suitable for businesses operating in highly
In summary, kostnaðardrif is a cost-based pricing strategy that involves setting prices based on production costs