A price that incorporates a modest profit and is adequate to maintain a merchant in the social station to which they are born is known as:

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Quizplus · Accepted Answer

A just price is a price that is fair to both the buyer and the seller, incorporates a modest profit for the seller, and is adequate to maintain them in the social station to which they are born. It takes into account the cost of materials, labor, and the seller's need to make a living, without exploiting the buyer or the workers involved. It reflects a moral and ethical way of doing business.

A Price That Incorporates a Modest Profit and Is Adequate