What is meant by “tier price” in magento?

Question

Can anyone explain what is the tire price in magento and how it is being calculated ?

Answer 1

Tier price is where you can specify different costs for larger quantities. You can set it up so that a quantity of 1 costs 10 euro, but a quantity of 2 will cost 9 euro per piece.

This should clear some things up: http://www.magentocommerce.com/knowledge-base/entry/how-do-i-use-tier-pricing