Question
What is the first thing that business owners must consider when determining the price of their goods?
Responses
the costs associated with purchasing the finished product from the manufacturer including all shipping and packaging
the average income of consumers most likely to buy their product
how much money they hope to bring in as a profit annually
what price point the items closest to their item on the store shelves will be
Responses
the costs associated with purchasing the finished product from the manufacturer including all shipping and packaging
the average income of consumers most likely to buy their product
how much money they hope to bring in as a profit annually
what price point the items closest to their item on the store shelves will be
Answers
Answered by
GPT 3.5
The costs associated with purchasing the finished product from the manufacturer including all shipping and packaging.