ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ sets the upper limit of price
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Product cost
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Competitor’s Price
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Utility and Demand
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Government
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Explanation:
Detailed explanation-1: -The bid price is the highest price a buyer is willing to pay for a security or asset.
Detailed explanation-2: -Product costs are typically calculated using a combination of three factors: materials, labor, and overhead expenses. Materials are items that are used directly in the production process, such as raw materials or components.
There is 1 question to complete.