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For the changes in prices of store items, is there a maximum or minimum the prices can be for the items?

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There is no defined minimum or maximum price as these items are priced based on supply and demand. If very few people are selling an item (ex: 3*** Classical Bridles) back to the store, the price per item will increase. If a lot of people are selling that same item back to the store, the price per item will decrease, eventually reaching a point where people will stop selling that item back to the store because their profit margin has decreased to the point where it isn't worth it for them. They'll hang on to those items and sell them back to the store when the inventory is lower and the price per item is higher, increasing their profits. This means that most items likely have a "typical" price range that they go between, but there's nothing saying that the price couldn't go lower or higher than that typical range depending on supply and demand.