Contact Lenses have inflated MRP

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no the manufacturers cost of that 1800 mrp is probably 600 rupees and the rest is all mark ups and profits. i also got a box for 1000 some time back through some online site.. more  

It may be Substandard OR dummy/fake product. Pl. ensure once again. Though it is true and fact that "large global multinationals are fooling us Indians" and charging Exorbitantly high prices because of the Craze of western products, it is better to opt for Indian Standard products from reasonable Indian Standard manufacturers. To that effect our technology is advanced except the exceptions. more  

In previous 2/3 related posts wherein many of our members wanted MRP to be printed on each & every item, I had pointed out the same thing that Mentioning MRP would in no way protect the interests of the consumers as there are many items containing MRP but are sold at substantial lower prices and the consumers could be easily duped by the retailers. To protect self interests it is advisable to get the actual prices of a specific item verified from 2/3 retailers' shops before purchasing, which would help one to get it at the lowest price. more  

Can anybody tell me what the basic factors to be considered for fixing/deciding MRP... Cost + profit to the manufacturer, expenses for distribution network, Inventory carrying cost, etc...... Then we can talk about quality of input raw materials, quality of workmen, supervisors & senior management professionals involved, quality of manufacturing facility/ factory, source of financial capital, etc. more