What is Cost Vs. Price?

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Raju is trying to sell his tea in the market however there is no demand for it.

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Raju's tea is very expensive and hence no one buys it This is because the cost of the tea is very high.

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Cost is the expense incurred in making or manufacturing the product.

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Price, however is fixed by the Seller, according to many factors. CLICK HERE to Find out how.

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