Explain the term cost -pricing decisions no business can, Ask an Expert

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Explain the term Cost -pricing decisions

No business can survive unless it covers its cost of production and distribution. In large number of products, retail prices are concluded by adding a reasonable profit margin to the cost. Higher the cost, higher is likely to be price, lower the cost lower the price.

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9582869

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