Question

The higher the amount a firm can charge for its product is in direct proportion to

Answer 1

Answer:

File a claim with your credit card company immediately (if it was a credit card) or your bank (if it was a debit card). Let them know exactly what happened, as this is the fastest way to get funds credited to your account. Your card issuer will sort things out with the ATM operator.

Answer 2

7 important factors that determine the fixation of price are:

(i) Cost of Production:

(ii) Demand for Product:

(iii) Price of Competing Firms:

(iv) Purchasing Power of Customers:

(v) Government Regulation:

(vi) Objective:

(vii) Marketing Method Used: