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How can you use value-based methods for setting prices? |
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- Why is it so difficult for buyers and sellers to agree on a price for a business?Do you think it's necessary to analyze how much materials and time are needed to produce a product before setting a price? Or would it suffice to base the price on what competitors charge?One of the four Ps of marketing is price. Explain what elements are involved in price besides the amount of money a customer pays for a product. In your answer, be sure to consider the concept of customer value