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Price means the rate at which the merchandise can be bought. A number of factors get excited about determining the price of a product. These include competition, market share, product identity, material costs along with the value customers perceive of a product. In fact cost is also dependant on competitor's products. If the competitors have the same product, then the buying price of something will go down. During our childhood, we've read a lot about flying chariots in may divine stories. Though we did not accept it, we currently see people traveling by airplanes. Traveling is becoming really easy nowadays. The automobile industry has additionally undergone a great deal of changes since invention of steam engine vehicle. How many of you know the Benz patent motor car of 1885 would be a motorized tricycle? Today find millions of automobiles on the highway, in several models, shapes, sizes, colors, and prices.

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