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What should you take into consideration when setting prices in store?

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asked by about Quiz Generator for Virtual Business - Personal Finance
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What should you take into consideration when setting prices in store?

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answered by (264k points)

If you are a legal store with all the documents in order, then the prices must have a regulation, however, many sellers don't take this into consideration and put whatever they want for the product they sell. However, the basic price should be added first then the VAT and all the extra to make profit. This also applies to electronic stores as well.

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