A markup rule is the pricing practice of a producer with market power, where a firm charges a fixed mark-up over its marginal cost.[1][page needed][2][page needed]
- ^ Roger LeRoy Miller, Intermediate Microeconomics Theory Issues Applications, Third Edition, New York: McGraw-Hill, Inc, 1982.
- ^ Tirole, Jean, "The Theory of Industrial Organization", Cambridge, Massachusetts: The MIT Press, 1988.