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    dhirenkalola1
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    To determine product prices, main factors include competitors and the market. In an oligopolistic market with few competitors, companies must take steps like adjusting prices or improving quality to stay ahead. When setting markup prices and profits, companies consider factors like costs, demand, and competitors' actions.

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    To determine product prices, main factors include competitors and the market. In an oligopolistic market with few competitors, companies must take steps like adjusting prices or improving quality to stay ahead. When setting markup prices and profits, companies consider factors like costs, demand, and competitors' actions.

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    12 views1 page

    Q

    Uploaded by

    dhirenkalola1
    To determine product prices, main factors include competitors and the market. In an oligopolistic market with few competitors, companies must take steps like adjusting prices or improving quality to stay ahead. When setting markup prices and profits, companies consider factors like costs, demand, and competitors' actions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Q=1. How do you go for select the price for particular product?

    Q=2. What are the main factors affecting to the determining price.

    Q=3. How few competitors affect to your decision?

    Q=4. In oligopolistic market what step you have to take to stay ahead in the market?

    Q=5. How do you make markup price and markup profit, Is there any factors which are affect to it?

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