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An undercover investigation by Cincinnati's WCPO recently revealed J.C. Penney routinely marks up prices on goods then slashes them at a later date, thereby creating an illusion of deep discounts.
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It is not uncommon for city agencies to sell off surplus items at marked-up prices.
Housewares and apparel, he said, traditionally have higher mark-up prices than, say, electronics.
WINE LIST -- An afterthought, just 10 predictable choices at steeply marked-up prices starting in the mid-$20's.
I would go to this wholesale candy distributor, buy a bunch of candy in large boxes, and then sell it at marked-up prices.
Rampant corruption in the scattered distribution network means price-controlled items are rerouted to the black market or purchased by bachaqueros, who resell them at marked-up prices.
The costs in terms of welfare relates to a lower production within each variety firm, which in presence of mark-up pricing results in efficiency losses.
It now seems some bright spark at the RAC has clearly decided that more money can be made out of members if the patrolmen are able to sell batteries at a marked-up price.
Companies that use mark-up pricing will say they are just responding to costs, but it's really demand pressure pulling prices up.
Some people also started buying and hoarding more than they need, either to keep for emergencies or to resell at a marked-up price.
In the second, you stop everything, have to ask the concierge where the nearest electronics store is, figure out how to ask for the right one in the local language, then pay the marked-up price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com