Solved: Setting product or service prices, Business Management

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Setting product or service prices

Assignment:

Setting Product or Service Prices

Question 1. Setting a price for a service or product can be very difficult. Patients are now checking to see prices on certain non-emergent services before having them performed. Patients also check prices on medications before they have prescriptions filled. What are the different methods and seven steps for setting an initial price for a product or service?

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