How Do Retailers Calculate Markup?
A $20 coffee mug sits on a shelf with a $39.99 price tag. Most shoppers glance at the number and move on. Some might wonder whether the price feels fair. A few may compare it with a competing retailer. Almost nobody stops to ask a question that retailers obsess over every day: How did that product end up at $39.99 in the first place? The answer is rarely arbitrary. Behind every retail price...
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