Cost involved in making a product-service
Problem:
Do you believe that prices should reflect the value that consumers are willing to pay or should prices primarily reflect the cost involved in making a product or service. Defend your answer.
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The expected stock price at the end of the next day. The standard deviation of the stock price at the end of the next day.
Consumers are willing to pay or should prices primarily reflect the cost involved in making a product or service.
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