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12th Class Business Studies Marketing Question Bank Topic - 4 MCQs - Price

  • question_answer
    Which of the following includes the total cost of producing, distributing and selling of the product?

    A) Extent of competition in the market

    B) Product cost

    C) Labelling cost

    D) Variable cost

    Correct Answer: B

    Solution :

    [b] Explanation: It includes the total cost of producing, distributing and selling a product It is one of the most important factors that affects the price of a product.


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