Business, 28.01.2022 06:30 dwilburn01

Directions: In 5-7 sentences answer the following question, using information learned in unit. Factors that influence price are cost to produce, competition, and economy. Price is based on the value
customers perceive to get from the product and what they are willing to pay for it.
Think of a price of a service, rather than a product, intangible versus tangible, how is price
determined? For example, how does a hair stylist determine the price for a haircut?

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Directions: In 5-7 sentences answer the following question, using information learned in unit. Fac...