1.

Factors Affecting Pricing.

Answer»

Factors Affecting Pricing:

  1. Production Cost
  2. Demand for the Product
  3. Competition in the Market
  4. Government and Legal Controls
  5. Price Determination on the basis of Objectives:
    • Maximum Profit
    • To Acquire Dominant Position in the Market
    • To Sustain Competition
  6. Economic Condition and
  7. Buying behaviour.


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