Why are cheap products not really so cheap, Business Management

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Why are cheap products not really so cheap

Problem

i. What is meant by a true price or true cost?
ii. Why are "cheap" products not really so cheap?
iii. What is missing in the calculations of product cost/price (e.g. fashion)?
iv. Define carbon pricing and give examples; trends?
v. How can pricing strategies change water consumption behavior?

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Business Management: Why are cheap products not really so cheap

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