How are prices for ordinary objects determined by corporations?

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How are prices for ordinary objects determined by corporations?

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Anonymous 0 Comments

Under normal conditions, it’s the price of raw materials plus the cost of processing (labor) to turn them into whatever the final product is, plus all the shipping, some percentage of overhead costs and a reasonable profit margin. The rules are a little trickier if you get into loss leader strategies and luxury goods, but that’s basically it.

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