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Price Products Popular Q&A
Q: What Is a Retail Price Product?
A: Product cost, consumer demand and competitor prices all contribute to the retail price assigned to a particular product. The cost of manufacturing a product act... Read More »
Q: Who decides the prices products?
A: Ultimately, the purchaser determines the price of a product. A manufacturer will determine a wholesale price and possibly a suggested retail price. Retailers wi... Read More »
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A: 1. Understand that a price suggests a certain value to a customer. Setting a price that's too high or too low can limit your business growth. It can also cause ... Read More »