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What is a fair price ?

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OLD HIPPY DUDE

posted on Nov, 15 2010 @ 03:05 PM
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What is a fair price to charge for a product?

Figure in production and labor costs.

Is 3x the cost to produce a product a fair price ?
Is 5x ?
Is 10x ?
How about what ever the public is dumb enough to pay ?
edit on 15-11-2010 by OLD HIPPY DUDE because: (no reason given)


MessOnTheFED!

posted on Nov, 15 2010 @ 03:15 PM
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TheAssociate

posted on Nov, 15 2010 @ 11:39 PM
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reply to post by OLD HIPPY DUDE
 


www.investopedia.com...




-TheAssoc.



 
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