Yes, this is how I used to price my books. There are two reasons to price higher than the lowest. One is to make a little more profit because your book will sel

Yes, this is how I used to price my books. There are two reasons to price higher than the lowest. One is to make a little more profit because your book will sell as soon as the cheapest book sells. The other is to avoid my pricing bot fighting with someone else's pricing bot down to $0.01. I would rather accidentally shoot the price really high than give the book away for a loss. Especially considering a lot of the books were $150+ used textbooks.