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2. Marketing

Quick questions on The marketing mix: product and price - OCR GCSE Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State the four main stages of the product life cycle in order. [2 marks]
What is q2?
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A unit costs 1515 to make and the firm adds a 20%20\% mark-up. Calculate the selling price. [2 marks]

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