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théorie du juste prix

The Theory of the Right Price: A Philosophy at the Heart of Our Products

Article Highlights
Equity and Morality The fair price must be fair and reasonable for both parties involved in the transaction, without exploitation.
Production Costs The price must cover production costs and include a reasonable margin for producer profit.
Market value The price should reflect market value without being artificially inflated by unfair practices.
Utility and Necessity Basic necessities should have fair prices to ensure their accessibility to all.
Absence of Fraud and Deception The price must be set without fraud, deception or manipulation of information.
Commitment of François Lambert We offer high quality products at fair prices, respecting the fair price philosophy.

Just price theory is an economic and ethical concept that was developed primarily in the Middle Ages by philosophers and theologians, including Thomas Aquinas. This theory seeks to define what a fair price is for goods and services exchanged in the market. Here are some key principles of just price theory:

Equity and Morality

The fair price must reflect moral fairness, that is, it must be fair and reasonable for both parties involved in the transaction. It must not exploit one of the parties.

Production Costs

The fair price must cover the costs of production, including labor, raw materials, and other expenses necessary to manufacture the product or provide the service. It also includes a reasonable margin for the producer's profit.

Market value

The price should reflect the market value of the good or service, which may be influenced by supply and demand, but should not be artificially inflated by unfair practices such as speculation or monopoly.

Utility and Necessity

Fair pricing takes into account the usefulness and necessity of the good or service for society. Basic necessities, for example, should have fairer prices to ensure their accessibility to all.

Absence of Fraud and Deception

The price must be set without fraud, deception or manipulation of information. Buyers must be well informed about what they are buying, and sellers must be honest about the quality and characteristics of the products or services offered.

This theory was influenced by ethical and religious ideas and aimed to promote a more just and humane economy, in contrast to purely profit-driven market practices. Today, although the concept of fair price is no longer as central to modern economics, similar concerns emerge in discussions of business ethics, corporate social responsibility, and price regulation to protect consumers.

Our Commitment to the Theory of Fair Price

At François Lambert , we firmly believe in the philosophy of fair pricing. We are committed to offering high-quality products at fair prices, without inflating prices unnecessarily. Our product line, including the Pumpkin Enzyme Mask, Shampoo and Conditioner, Maple Water Regenerating Serum, Maple Treats, Chocolates, Marshmallows, and Soy Candles, reflects our commitment to maintaining fair prices.

We strive to offer prices well below our competitors whilst maintaining a modest margin. This allows us to ensure that our customers receive excellent value for money whilst supporting an ethical and responsible business. Competitors’ prices for these same products are often well above our own, demonstrating our commitment not to inflate prices unnecessarily.

Conclusion

By respecting the philosophy of fair pricing, we guarantee our customers high quality products at fair prices. At François Lambert , your satisfaction is our priority, and we are proud to offer you products that respect the principles of fairness, transparency and morality.

To learn more about our products and commitments, visit our online store . We thank you for your trust and continued support.

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