Business Studies, asked by genaromark6, 8 months ago

what is price in business?​

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Answered by sk1689437875
1

Answer:

price is the value that is put to a product and service and is the result of a complex set off calculations, research and understanding and risk taking ability. a pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others.

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