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A- How the following factors contribute to determining the price of the product? 1- Cost of production 2-Demand for the product 3- Price of competing

A- How the following factors contribute to determining the price of the product?

1- Cost of production 2-Demand for the product 3- Price of competing firm 4- Government regulations 5- The expected return of the firm 6- Market conditions 7- Life of the product 8- The purchasing power of the Customers 9- Supply of the product.

B- How will you control cost during the competitive market conditions that may prevail in the future?

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