Wisdom01
Valued Contributor
You could be a manufacturer , retailer, or wholesaler , there are many thing that might be considered before giving a price to a product , because you as a retailer or wholesaler and even manufacturer dont want to make loss at the end but some percentage , most producers tends to consider the cost of production ( the cost they make use of when producing the goods) and many other things , that tends to affect the price of the product both on thhe short run and the long run, while the retailer or wholesaler could consider the transportation cost and other means to give price to the product , what method of pricing do you consider mostly when giving your product price?