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How do you think the selling price of an item is decided on?
What factors are involved?

User Nasreddine
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2 Answers

3 votes

Answer:

I think the factors involved when determining a price for a product would be the cost of the materials used, profit, reasonable price for customers, and competition.

Step-by-step explanation:

User Michael Whatcott
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3.7k points
3 votes

Answer:

well I work in a store and the selling price of an item is dependent on the price that you're buying it so basically it depends on the wholesale price.

User Tudmotu
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4.4k points