A pen that costs five cents to make may cost a consumer $2 to buy.According to critics,this is an example of ________.

Question

Quizplus · Accepted Answer

The difference between the cost of making the pen and the price at which it is sold to consumers is known as the markup. In this case, the markup is quite high, which is referred to as excessive markup. This is not deceptive advertising, redlining, high-pressure selling, or shoddy manufacturing, as the issue lies with the pricing and markup of the product.

A Pen That Costs Five Cents to Make May Cost