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The cost of production has absolutely ZERO bearing on the sale price. Price is based on what a consumer is willing to pay for the product, that’s it. The cost o
by orev 8y ago
The cost of production has absolutely ZERO bearing on the sale price. Price is based on what a consumer is willing to pay for the product, that’s it. The cost of production only comes into play after that is determined, to ensure the company doesn’t sell at a loss (in which case they would probably cancel their plans), or whatever profit margin they are willing to accept.