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what are the key factors affecting price? give an example of how each factor affect price?​

Sagot :

Price Determination: 6 Factors Affecting Price Determination of Product

Product Cost: The most important factor affecting the price of a product is its cost. ...

The Utility and Demand: ...

Extent of Competition in the Market: ...

Government and Legal Regulations: ...

Pricing Objectives: ...

Marketing Methods Used: