Business Studies, asked by shubham3167, 10 months ago

State any four factors which affect the determination of the price of the product.

Answers

Answered by dipchandkale1251

Answer:Main Factors which affect the determination of the price of the product.

Explanation:Main factors affecting price determination of product are: 1. Product Cost 2. The Utility and Demand 3. Extent of Competition in the Market 4. Government and Legal Regulations 5. Pricing Objectives 6. Marketing Methods Used.

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