Pricing a product mix is often difficult because various products have related demand and costs,and they face different degrees of competition.

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Quizplus · Accepted Answer

Pricing a product mix is indeed difficult as different products within the mix have different demand and costs and face varying levels of competition. It requires a careful consideration of various factors such as customer preferences, market competition, production costs, and overall profitability.

Pricing a Product Mix Is Often Difficult Because Various Products