Question

Businesses use how many basic strategies when setting prices for new product? ___________.

Answer 1

I) average per product materials cost in total
II) charge of labours average for one product
IIi) taxes that required
iv) profit

Answer 2

1. Pricing at a Premium

2. Pricing for Market Penetration

3. Economy Pricing

4. Price Skimming

5. Psychology Pricing

6. Bundle Pricing



so total are 6 basic strategies.....