Cost-based pricing-means of determining business success


Discuss the below:

1. Should you rely solely on break-even analysis and cost-based pricing as a means of determining business success?

2. What are some of the changes to variable costs that could affect the final price?

3. How does the target market you select affect setting prices for products?

4. What is dynamic pricing? Why is it especially prevalent online? Is it legal?

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Other Subject: Cost-based pricing-means of determining business success
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