MARKETING MANAGEMENT — Business Studies STD 12 Commerce — Question
CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesMARKETING MANAGEMENT1 Mark
Question
Explain any two factors affecting price of a product.
✓
Answer
Factors affecting price of a product: (Any two factors)(i) Product Cost(ii) Utility and Demand(iii) Extent of competition in the market(iv) Government and Legal Regulations(v) Pricing Objectives(vi) Marketing Methods used
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