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madhumadhu 

what is the use of pricebook and product standard object in salesforce

Best Answer chosen by madhu
U JayU Jay
The Product and Pricebook objects are no longer available and have been removed. Requests containing them are refused, and responses do not contain them. Use Product2 and Pricebook2 instead.
Product2

Represents a product that your organization sells.

This object has several fields that are used only for quantity and revenue schedules (for example, annuities). Schedules are available only for organizations that have enabled the products and schedules features. If these features aren’t enabled, the schedule fields don’t appear in the DescribeSObjectResult, and you can’t query, create, or update the fields.


Pricebook2

Represents a price book that contains the list of products that your organization sells.