Exploring Business: "Section 9.3: Pricing a Product"
Read this section to learn about various pricing strategies. Once a business has a product to sell, the next consideration is how to price the product. They want to price the product high enough that they make a profit, but not so high that their typical customer wouldn't buy it.
Click http://saylordotorg.github.io/text_exploring-business-v2.0/s13-03-pricing-a-product.html link to open resource.