Question: Question 1 What is a price? Differentiate Value-Based Pricing and Cost-Based Pricing and give an example of each. . Explain the stage of the product

Question 1

  1. What is a price? Differentiate Value-Based Pricing and Cost-Based Pricing and give an example of each.

.

  1. Explain the stage of the product life cycle and give one product example for each stage.

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please answer in your words

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