I have never been really good at pricing things. However, I know as a business owner that everyone wants to cover their costs and then make extra money. I was talking to a friend who has a bakery. She said that when she makes cookies, or bars, or really anything, she adds up the cost of what the ingredients were. Then she triples the price.
Now for some things, this might seem acceptable. However, maybe I am being cheap when I think about a bakery. I just do not think that I could come off $15 for a batch of 12 cookies. That just seems really steep to me. What do you think about the method that she is using? Do you feel that it is fair to use this in all forms of business?