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Old 01-12-21, 09:24 PM
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thook
(rhymes with spook)
 
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it is price gouging. or rather profiteering. the most profits are made are on the more inexpensive products manufactured. you can mark'em up several hundred percent and the consumer hasn't a clue. all the while have less of a mark up on the expensive so consumers can simply afford them. profits from the cheap help offset loss in other areas. that's what i see working in retail, anyway. i'm sure the dynamic varies
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