Economy, asked by hashmi77hashmi, 5 months ago

how are prices fixed for your produce?

Answers

Answered by peehuthakur

Answer:

ADVERTISEMENTS: Under this method, base cost figure us taken, to which is added a certain percent of profit, which can be expressed in the following formula. Price = cost of production + profit margin, where cost of production = Fixed cost + variable cost per unit + factory overhead

Explanation:

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