Pricing Products

Pricing Products

By H3 Apps, LLC

star 1 From 2 Ratings
  • Category Business
  • Release Date 2020-01-28
  • Current Version 1.0.1
  • File Size 507.00 kB
  • Links Google Play

Description

This App answers the question at what price should I sell my product to maximize the profit. Optimal pricing is dependent on the elasticity of demand. At a low price more products need to be sold to make a large profit. At a higher price fewer products would expect to be sold but the higher price could still lead to a large profit. With a few simple inputs the App creates a demand curve and calculates the best selling price that maximizes your profit.

Screenshots

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