Economy, asked by aashishparajuli, 2 months ago

why is cost price important in price determination ?​

Answers

Answered by indraindra9927
0

Answer:

The most important factor affecting the price of a product is its cost. ADVERTISEMENTS: Product cost refers to the total of fixed costs, variable costs and semi variable costs incurred during the production, distribution and selling of the product. ... The price for a commodity is determined on the basis of the total cost

Answered by kondavetisanjai457
0

Answer:

as it helps

Explanation:

Similar questions