Section outline

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    Topic Content :

    Customer Demand, Price Elasticity of Demand, Market Structure and Price. Establishing Optional Price and Output; Cost-Plus Pricing Methods: Variable Cost Pricing, Differential Cost Pricing, Full Cost Pricing, Conversion Cost Pricing and Direct Cost Pricing; ABC and Pricing

    Objectives:
    1. Able to describe Customer Demand, Price Elasticity of Demand, Market Structure and Price.
     2. Able to understand Establishing Optional Price and Output, various cost plus pricing methods


    Outcomes: After completion of this Topic the students will be 

    1. Able to describe Customer Demand, Price Elasticity of Demand, Market Structure and Price.

    2. Able to understand Establishing Optional Price and Output, various cost plus pricing methods