Question

Does the price matter in every product or services sold in a certain business? why or why not?​

Answer 1

Pricing - factors to consider when setting price
Competitors – a huge impact on pricing decisions. ...
Costs – a business cannot ignore the cost of production or buying a product when it comes to setting a selling price. ...
The state of the market for the product – if there is a high demand for the product, but a shortage of supply, then the business can put prices up.

Answer 2

Answer:

Pricing - factors to consider when setting price

• Competitors – a huge impact on pricing decisions. ...
• Costs – a business cannot ignore the cost of production or buying a product when it comes to setting a selling price. ...
• The state of the market for the product – if there is a high demand for the product, but a shortage of supply, then the business can put prices up.