Table of Contents
What Are The Factors?
There are many factors that can influence the price of a product. Some of the most important factors are:
1. The cost of producing the product. This includes the cost of materials, labor, and any other expenses involved in making the product.
2. The demand for the product. If there is high demand for a product, the price is likely to be higher.
3. The availability of the product. If there is a limited supply of a product, the price is likely to be higher.
4. The cost of shipping the product. If the product needs to be shipped a long distance, the price is likely to be higher.
5. The taxes and tariffs that are imposed on the product. If the product is subject to high taxes or tariffs, the price is likely to be higher.
Greatest Common Factor
The greatest common factor (GCF) of two or more numbers is the largest number that divides evenly into each of the numbers. The GCF is also the largest number that can be divided by each of the numbers without a remainder.
Here the common factors are 2 and 5 so the greatest common factor (GCF) of 20 and 30 is 2 × 5= 10.
Factoring Greatest Common Factor
The greatest common factor (GCF) of two or more numbers is the largest number that divides evenly into all of the numbers.
To find the GCF of two or more numbers, use a factor tree. The GCF is the root of the factor tree.
Example:
Find the GCF of 24 and 36.
The factor tree for 24 is:
The factor tree for 36 is:
The GCF is 6.