If cost is increasing in a small enterprise but price is not being changed what analysis is needed?
Answer and explanation
Correct answer: Analysis of cost price profit and customer ability
Balance of cost and price is necessary for enterprise stability. In exams connect pricing with financial literacy.
Frequently asked questions
What is the correct answer to this question?
Analysis of cost price profit and customer ability
Why is this the correct answer?
Balance of cost and price is necessary for enterprise stability. In exams connect pricing with financial literacy.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.