Question

Explain the factor affecting the pricing policy

Answer 1

i) Marketing objectives: the marketing objective of the product must be kept in mind before setting the price of the product, the product is for high class, middle class or lower class. i) Market and demand: cost of the product is the lower limit of the price. .

Answer 2

Explanation:

Marketing objectives: the marketing objective of the product must be kept in mind before setting the price of the product, the product is for high class, middle class or lower class. i) Market and demand: cost of the product is the lower limit of the price.