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One good thing to get an idea of is the pop needs groups: wiki link [vic3.paradoxwikis.com]
Since some population needs can be filled by a mix of products. As an example Luxury Items (SOL 15+) can be a mix of Luxury Furniture/Luxury Clothes/Porcelain/Radios.
So you could fix high luxury furniture pricing by introducing Porcelain into your market.
When you look at a PM change, if you wait for the tooltip it will estimate a productivity gain/loss and will show you likely impact on directly affected market good prices. You can change state-by-state to get more control over the price changes, this is especially useful when the good being price-managed is something the government is buying like telephones for Admin buildings or construction stuff...flip one state, wait a couple of weeks, flip another, etc, stop before you go too far into debt.
You also probably want to manage the green PMs state-by-state no matter what, because you usually want to maximize non-peasants; it's better for your country's income to have 10,000 laborers instead of 4.000 machinists and 6,000 peasants.