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Pricing a virus shawl

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There have been a few discussions on pricing items.  I've heard of pricing items by the cost of the materials.  Everything from 1.5x to 3x the cost.  Unfortunately, the time required to make something doesn't factor into the price.  A lot depends on where you live.  If you live in an affluent area, you can charge a bit more.  It's really whatever your customer is willing to pay. 

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