Answer / justin iheanyi oparaoc

The main factor (1) If giving a pert tent to produce a
particular product or services.
(2) When you happen to be the sole producer of a particular
product thereby operating under a monopolistic market.
(3)The Government of a country can come into the market with
this kind of pattern (COSTING AND PRICING OF A NEW
PRODUCT)in order to regulate the pricing policy.

Answer / mahendra makwana

factors are..
1.cost of production
2.cost of warehousing
3.cost of carrying
4. cost of marketing

Answer / ashwin habib

the factors that influence the cost of a new product are

1)cost of production

2)cost of marketing

3)cost of investment

4)competition in market

5)and the profit u want taking note of the competition

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