Markup Economics

Markup Economics

Markup Economics

oboloo’s Glossary

Markup Economics is an economic theory that examines the ratio between a company’s cost of producing goods and services, and the price those goods and services are sold at. It suggests that if the markup in these prices is too high, it could lead to an increase in costs that would threaten profit margins, leading to decreased competition and higher consumer prices. With a better understanding of markup economics, companies can work towards creating a more efficient and fair market for consumers and businesses alike.