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Pricing Dilemma…is It Set by God?

This explains the mystery of pricing. Is it set by God?

Pricing

I often wonder how much is an item priced at? Basically it depends on the cost of the item. The manufacturer decides the price of item:

Price of the item = cost of item + profit to be earned

Now, how much profit the manufacturer wants to make?

For example, price of a scent, perfume or deodorant. There is no limit to its price. It can cost from $10 to $9999…is there any limit?

Similarly, I like to argue about the price of diesel, gas, petrol, CNG. Price of these items increases based on politics, budget measures etc. What about price of leased lines, internet, phone calls?

Price also depends on the type of market e.g. monopoly…..

If there is competition then the price comes down.

What is money? Money is nothing but the value of your work.

Work = money

If your work is valuable then you earn more and you go up the human pyramid….you become rich. You can be rich also through your parental property.

I feel that I came to this Earth empty-handed and also will die empty-handed.

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  1. CHIPMUNK

    On April 10, 2011 at 2:30 am


    great read

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