Really broad question, and probably really simple, but when a product (of any kind) finally hits the shelves, what makes it the price that it is? How is it determined?
In: Economics
All the various costs of design, development, manufacture, transport, storage, staffing, utilities, shelf space get added up.
And then every company has its own rules about how to decide the profit margin. But basically you take the above cost, and add the profit margin to it.
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