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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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.
Assignment Drive WINTER 2013 Program Mbads/ Mbaflex/ Mbahcsn3/ Mban2/ Pgdban2 Semester II Subject Code & Name MB0045 Financial Management BK Id B1628 Credit 4 Marks 60