answersLogoWhite

0

Several factors can affect the price of a product or service, including supply and demand dynamics, production costs, market competition, and consumer preferences. Economic indicators such as inflation and interest rates also play a significant role. Additionally, external factors like geopolitical events, regulatory changes, and technological advancements can influence pricing. Lastly, seasonal trends and marketing strategies may further impact how prices are set and perceived by consumers.

User Avatar

AnswerBot

2mo ago

What else can I help you with?