Unit V: Product Pricing | BCA 6th Semester Applied Economics Notes Pdf

The price of a product is influenced by a number of factors, such as manufacturing cost, competition, market conditions, and quality of the product.

An organization, while setting the prices of its products, needs to ensure that prices must cover costs incurred for producing products and profit margins.

If the price of a product does not cover costs, then the financial resources of the organization would exhaust, which would ultimately result in the failure of business.

In this “Product Pricing - Applied Economics” you will learn about following topics:

1. Introduction to Product Pricing
2. Concept of Product Pricing
3. Types of Pricing Objectives
4. Profit-Oriented Objectives
5. Sales-Oriented Objectives
6. Status Quo-Oriented Objectives
7. Concept of Market Equilibrium
8. Concept of Firm’s Equilibrium
9. Price and Output Determination of a Firm under Perfect Competition
10. Price and Output Determination of a Firm under Monopoly
11. Total Revenue and Total Cost Approach
12. Marginal Revenue and Marginal Cost Approach
13. Short-Run Equilibrium of Firm
14. Long-Run Equilibrium of Firm
15. Short-Run Equilibrium of Industry and The firm under Perfect Competition
16. Long-Run Equilibrium of Firm and Industry under Perfect Competition Market
17. Effect of Tax upon Market Equilibrium and Price
18. Effect of Subsidy upon Market Equilibrium and Price
19. Linear Programming
20. Cost-Benefit Analysis (CBA)

==== Point to Note ====

If you like to contribute, you can mail us BCA Notes, BCA Question Collections, BCA Related Information, and Latest Technology Information at [email protected].

See your article appearing on BCA Notes (Pokhara University) main page with your designation and help other BCA Students to excel.

Please write comments if you find anything incorrect, or you want to share more information about the topic discussed above.

BCA 6th Semester Applied Economics Notes Pdf:

• Unit I: Introduction Of Economics
• Unit II: Theory Of Consumer Demand
• Unit III: Analysis Of Cost And Revenue
• Unit IV: Theory Of Production
• Unit VI: Factor Pricing
• Unit VII: National Income
• Unit VIII: Theory Of Employment
• Unit IX: Consumption Saving And Investment Functions
• Unit X: Business Cycle
• Unit XI: The Mechanism Of Foreign Exchange
• Unit XII: Macro Stabilizing Policies
• Unit XIII: Economics of Development