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Higher Markup

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Which product would tend to have a higher markup in a supermarket, cigarretes or Colombian coffee? Explain. And what about Apple computers and HP computers in an electronics store?

© BrainMass Inc. brainmass.com September 20, 2018, 1:55 am ad1c9bdddf - https://brainmass.com/economics/microeconomics/546080

Solution Preview

Colombian coffee would tend to have a higher mark up due to the following reasons:

1. Unlike cigarettes, Colombian coffee is not a regulated product, therefore it is easily accessible by a ...

Solution Summary

This solution highlights products that tend to have a higher markup in a supermarket between cigarretes and colombian coffee and betwen Apple and HP computers,

$2.19