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12-02-2019
Business

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List five external factors that can affect your selling price.

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briana0452 briana0452

12-02-2019

Demand

-how many people need/want this

Price elasticity

-percentage change in quantity demanded ÷ percentage change in price

Competitors

-other brands selling the same thing

Laws/regulations

-restrictions on the price/product

Product cost

-how much it cost you to make

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