While in high school, I worked in my dad’s store. One of my jobs included computing the prices customers would pay. I added 25% to the case price, divided by the number of items in the.case and rounded up to the next penny.
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Feel free to reply to any comment by clicking the "Reply" button.Less so if you tax them on their net income rather than their gross income.
Rufus_Maximus
Level 7
May 26, 2021
0
Ohferpetessake! How much can they raise their prices? Is there any product anywhere that doesn't have rival vendors? I would seek one of them out!
AnneWimsey
Level 9
Apr 29, 2021
0
The local mom and pop shop pays more than Walmart, so there is a profit point where one can hold their current price and take the loss and the other let’s go of its employees and closes.
They charge whatever they need to make a profit, as well they should. The real question is: When corporate taxes were lowered, did they give everybody a discount?
barjoe
Level 9
Apr 29, 2021
2
That would be a Hard No!
Ask not did they give everybody a discount. Ask instead did they lower their prices.
When a competitor does, “they” do.
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