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Today I had produce good quality of chrome devices and I wanted to put a fairly price to sell them.
My prime cost is $70k and I want to sell it for more then $100k. But I can`t put the price ... a message appear:
To avoid jobbery we’ve set the top limit of products price. The highest price permitted depends on many factors, but the basic is indicative price(IP). You can find Indicative Price values here : http://virtonomics.com/mary/main/geo/countrydutylist/15906 - World map.
For the goods with minimum quality the limit price can not be lower than 30 IP, for the goods with highest quality - not lower than 300 IP.
One of your prices is behind the limits. Changes for those positions were not saved.
Exp = 10%, IMP = 0%, IP = 2 000.00$.
I didn't understand how to calculate the allowed price.
I am only allowed to put price <= $100k which doesn't satisfy my.
the formula (which is not published) is a multiplier between quality and basic price of the product. The higher the quality, the higher you can set the price for it.