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When Apple introduced a new version of the IPad many considerations go into setting the selling price. Discuss the importance of the following in settings the initial selling price of the IPad:

Development costs of the new product

Pricing of the previous model of the IPad

Features of the IPad compared to competing products

Pricing of comparable products from competitors

The break even point

Variable production costs

Capacity of manufacturing plans to produce the Ipad 

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91973754

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