Apart from demand and supply, what are the other methods of determining the price of a product?

      

Apart from demand and supply, list other methods of determining the price of a product.

  

Answers


Maurice
(i) Price control by government.

(ii) Fixing prices by producer.

(iii) Tendering.

(iv) Auction.

(v) Haggling/Bargaining.


maurice.mutuku answered the question on July 29, 2017 at 12:41


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