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Tarun Suthar
•

The Institute of Chartered Accountants of India • 6m

How to Calculate Product Cost, Set Profit & Selling Price - Using a Cost Sheet 🤔 Ever wondered how businesses actually price their products? It all starts with one simple but powerful tool: the Cost Sheet. 🚀🔥 Here’s how it helps: 1️⃣ Calculate

Aryan Garg

Founder | B2B and B2... • 6m

But Sometimes you have to :- underprice - to get coustomers get used to it and earn later overprice - to appeal to the coustomers as more premium brand. and also when you have a monopoly in the market.

Tarun Suthar
•

The Institute of Chartered Accountants of India • 6m

It's better to optimize costs and maintain low margins than to price a product below its cost. If you sell at higher prices, customers may not remain loyal; they can easily switch to a competitor with lower prices. The idea of a monopoly market is more of a theory than reality, as there will always be competitors in a monopolistic market looking to take away your market share.

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SHIV DIXIT

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Types of market 1. Perfect Competition: Many buyers and sellers with identical products. 2. Monopoly: Single seller dominating the market. 3. Monopolistic Competition: Many sellers offering differentiated products. 4. Oligopoly: Few large firms

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RIKASH CLINTON.J

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Will you move to a new platform offering better products at affordable prices than Amazon, flipkart and meesho?

YES

Votes: 55

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CV Aarya

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1 guy from Kerala net worth of 1000 Cr has entered a vegetable market place independently, controlling almost 30% of Vegetables supplied to kerala and also distributor in TN earning almost 3 to 4.5% every day capital infused In the market is around

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