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Question
Factors which do not influence price determination is ______.
Options
Risk
Goodwill
Government control
Buying motive
Solution
Factors which do not influence price determination is Goodwill.
Explanation:
Various factors, including risk, goodwill, and government control, influence price determination. However, the buying motive, which refers to the reasons consumers purchase a product, does not directly influence the price set by the company. Instead, it affects the demand for the product, which can, in turn, influence pricing indirectly.
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