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Pricing of Products

Pricing of products is an important aspect of business. There are several factors that influence how a company determines the price of its products, including costs of production, demand for the product, prices of substitutes and complements, and competitive pressures from other firms. A company aims to set a price that maximizes its profits while satisfying customer needs.

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Sai Vasudevan
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0% found this document useful (0 votes)
26 views

Pricing of Products

Pricing of products is an important aspect of business. There are several factors that influence how a company determines the price of its products, including costs of production, demand for the product, prices of substitutes and complements, and competitive pressures from other firms. A company aims to set a price that maximizes its profits while satisfying customer needs.

Uploaded by

Sai Vasudevan
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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IPER PGDM

TRIM 1

Managerial Economics Assignment On Theory Of Pricing Of Products

Submitted By: Saijeeth Vasudevan

Submitted To: Prof. A. K. Sharan

Theory of Pricing of Products

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