<p>I think your expectation that a "best" formula exists is very unreasonable.</p>

<p>There is no "best" car design, there isn't a formula to design the fastest airplane with total weight $x$ and there is no easy formula that will give you the best price in general situations.</p>

<p>Sciences have a lot of unsolved optimization problems. Economics, psychology and most sciences involving humans have a lot of seemingly unknown variables, further complicating things. So while there are some principles which you can base your pricing strategy on I have never heard any reasonable person claim that a general best price mechanism exists and I don't think it does.</p>

CC BY-SA 3.0
2016-03-04T16:03:00.937Z
@Orient unfortunately these comments make your question less clear to me. Please consider editing the original question and adding more details to make it clearer.
Giskard
CC BY-SA 3.0
2016-03-04T16:16:23.127Z
Never mind. I accept your point of view. Thank you.
Tomilov Anatoliy
CC BY-SA 3.0
2016-03-04T09:42:51.923Z
2016-03-04T09:42:51.923Z
Giskard
<p>What is the best formula of price of the product depending on amount. I mean "best" in psychological, marketing, stock rotation, profit maximizing, etc sense (any of them or all together, if possible).</p>

<p>Say, I often see that prices on Coca Cola bottles growing not as fast as volume of them.</p>

<p>I sure there is the best formula, invented by psychologists or derived empirically then proved in use.</p>

CC BY-SA 3.0
2016-03-04T09:26:16.097Z
Feel free to edit the question, because English is not my primary langauage.
Tomilov Anatoliy
<elasticity><price-theory>
Best formula for price depending on amount
Tomilov Anatoliy
# Best formula for price depending on amount

(Asked by: username_0 on 2016-03-04)

What is the best formula of price of the product depending on amount. I mean "best" in psychological, marketing, stock rotation, profit maximizing, etc sense (any of them or all together, if possible).

Say, I often see that prices on Coca Cola bottles growing not as fast as volume of them.

I sure there is the best formula, invented by psychologists or derived empirically then proved in use.

**Tags:** elasticity, price-theory
> **Comments:**
> **username_0**: Feel free to edit the question, because English is not my primary langauage.  

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## 1 answers

### Answer by username_1 on 2016-03-04. Score: 2

I think your expectation that a "best" formula exists is very unreasonable.

There is no "best" car design, there isn't a formula to design the fastest airplane with total weight $x$ and there is no easy formula that will give you the best price in general situations.

Sciences have a lot of unsolved optimization problems. Economics, psychology and most sciences involving humans have a lot of seemingly unknown variables, further complicating things. So while there are some principles which you can base your pricing strategy on I have never heard any reasonable person claim that a general best price mechanism exists and I don't think it does.

> **Comments:**
> **username_1**: @Orient unfortunately these comments make your question less clear to me. Please consider editing the original question and adding more details to make it clearer.  
> **username_0**: Never mind. I accept your point of view. Thank you.  

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