Question

state four factors a business should consider when deciding the price of a product

Answer 1

Answer:

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Explanation:

Answer 2

Answer:

1.Costs. First and foremost you need to be financially informed.

2.Customers. Know what your customers want from your products and services.

3.Positioning. Once you understand your customer, you need to look at your positioning.

4.Competitors.

5.Profit.