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In this YouTube video tutorial, the host discusses the intricacies of pricing t-shirts in the screen printing business. They emphasize that many newcomers rely on local competitors' prices to determine their own, leading to potential misconceptions about profitability. Using an example, the host explains that if a shirt costs $3 and is sold for $10, one might think they are making a $7 profit. However, they caution this is not an accurate reflection of actual earnings, hinting that there are additional factors and costs to consider when calculating true profit margins. The video aims to help viewers understand their pricing strategy better.