What are the main factors for arriving at the
costing and pricing of a new product?
Answers were Sorted based on User's Feedback
Answer / justin iheanyi oparaoc
The main factor (1) If giving a pert tent to produce a
particular product or services.
(2) When you happen to be the sole producer of a particular
product thereby operating under a monopolistic market.
(3)The Government of a country can come into the market with
this kind of pattern (COSTING AND PRICING OF A NEW
PRODUCT)in order to regulate the pricing policy.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mahendra makwana
factors are..
1.cost of production
2.cost of warehousing
3.cost of carrying
4. cost of marketing
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ashwin habib
the factors that influence the cost of a new product are
1)cost of production
2)cost of marketing
3)cost of investment
4)competition in market
5)and the profit u want taking note of the competition
Is This Answer Correct ? | 1 Yes | 2 No |
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