What should be considered while deciding the price of a product in self-employment?

Correct answer: Cost customer ability and fair profit

The direct answer is C: price should reflect cost, customer ability to pay, and fair profit. In self-employment, first calculate the money spent on materials, labour, transport, packing, electricity, and other costs. Then consider what customers can reasonably pay and add a fair amount as profit. A price that is below cost causes loss; an unfairly high price may drive customers away. Option A is wrong because guesswork ignores real expenses and demand. Option B is wrong because copying another seller may ignore different quality, costs, and customers. Option C is correct because it balances business survival, customer affordability, and honest earnings. Option D is wrong because selling without records makes it difficult to know sales, costs, profit, or loss. Memory cue: good pricing means cost plus customer ability plus fair profit.