Factors influencing price of products and services

Question

07 Mar 2021

Answer :

Word Count : 475

Ans: Main factors affecting price determination of product are: 1. Product Cost 2. The Utility and Demand 3. Extent of Competition in the Market 4. Government and Legal Regulations

1. Product Cost:

The most important factor affecting the price of a product is its cost.

Product cost refers to the total of fixed costs, variable costs and semi variable costs incurred during the production, distribution and selling of the product. Fixed costs are those costs which remain fixed at __________ _____ ____ _____ _____ ________ ______.
___ _________ __________ ________ _______ ___ ___ _______ ___.
___ _____ __________ _________ _________ ______ ________.
________ ___ __________ _____ __________ ____ ______ ____ ________ ________ ____.
___ ______ __________ __________ _____ __________ ________ ________ _______.
_________ ____ ___ ___ ___ _____ _____ ______ _______.
_____ _______ ________ ________ __________ ________ ________ ______.
______ _____ ______ ___ __________ ______ _____ _______.
_______ _________ ______ _____ _________ ________ ___ ___ _________ _________ ______.
______ _______ __________ ___ ___.
________ _______ __________ _____ _________ ____ __________.
______ _________ ______ ________ ____ _____ __________ ___ ______ _____ ________ __________.
__________ __________ ____ __________ ___ ________ _____ __________ ___ ___ _______.
___ __________ __________ ____ ________ _____ ________ _____.
________ ___ _________ _______ ________ __________ ________.
_________ ____ ______ ____ ________ ________ _______ ______ _____ ____.
_________ _______ _________ _________ ______ _______ ____ __________.
_______ _________ _____ ___ ___ ______ _____.
__________ _________ ______ _______ __________ ______.
___ __________ __________ _________ ______.
_____ ________ _______ _______ __________ _______ _____ __________ _________ _______ _______.
_____ ____ ________ _____ ________ ______.
__________ _______ _______ _____ ______ _________ ________ _________ ___ _________.
_____ ________ ________ _____ _______ _______.
_______ __________ _______ _____ ________ __________ _______ ______ ___.
____ ______ ________ __________ ___ __________ _________ __________ _____.
__________ ____ _______ _________ __________ ______ ________ _______.
_________ ____ ___ __________ __________ __________ _______ ________ _____ __________ __________.
___ __________ ____ ___ __________ ____ _____.
__________ _________ ________ _____ __________.
______ ____ ________ ________ __________ ______ ____.
____ _________ _______ _________ ___ __________.
_____ ________ ____ ___ _____ ___ ____ _________ __________ ___.
___ _______ _________ _____ ________ __________ ________ ______ ____ __________.
________ _________ _________ _____ _________.
__________ ___ ________ _________ _________ ____ __________ _______ ____.
________ ______ ________ _______ __________ _____ _______ ____ _________ _______ ______ ______.
_____ ___ ________ ___ ______ ________ ____ ________ _______ _______ ________ __________.
________ _____ ____ _______ _______ __________ ____.
_________ _________ ________ __________ _________ ____.
_______ __________ _____ ___ _______ ______ ____ _______ ______ __________ ________.
____ ________ ___ ________ __________ ___ ______ ________ _________.
_________ _____ _______ _______ ____ _____ _____ _____.
_________ ____ ____ ________ _____ _________.
_________ _____ _________ ___ ______ ____ ___ _______.
_________ ___ __________ ______ __________ __________ ________ ____ _________ ________ _____.
_______ ______ ___ _________ ___ _________ ___ _________ ________ ______ _________.
______.
Get Full Answer on WhatsApp

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

IGNOU NEWS

Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★