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I recently purchased a MacBook from CeX (in the UK). When I reserved it the price was £280, then in rose to £285, then to £325. The advertised price online was £285, but in store I was told to pay £325. The person who originally traded in the MacBook was paid too much for it, that is their excuse for raising the price. But that makes it seem that I am paying for their mistake. See my point?
I read somewhere that in the Criminal Consumer Law they cannot ask for more than the advertised price, which was £285 (online, but it is the same for stores).
I would like to know if they were allowed to charge me the extra £40? I checked the price before and after purchasing it - online it still said £285. Please advise me if there is anything I can do to possibly get back my £40.
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When would the price of a good most likely increase?
Prices of goods used to increase with the cost of ingredients, cost to produce them, and maybe if there was a shortage. In our times, a company that purchases a product may raise the price to the value they perceive it has.
What is the definition of price taking?
It is important to know what words mean. The definition of "price taking" is a company or individual that is not influential enough to affect the price of an item.
What can a company do to decrease price sensitivity?
The main thing that a company does to reduce price sensitivity is advertising to create branding. The brand name is more likely to be able to charge a higher price for the same item, decreasing price sensitivity.
When does the price of an item decrease?
When demand goes down, or when the company is producing too much and flooding the market.
What is the relationship between the price of an item and the quantity demanded?
It is a direct relationship. As demand for an item rises, all else equal, price for an item will rise.
When would the price of a good most likely increase?
Prices of goods used to increase with the cost of ingredients, cost to produce them, and maybe if there was a shortage. In our times, a company that purchases a product may raise the price to the value they perceive it has.
What is lower of cost or market?
is it the price of and item that can be sold at a different price other then what the company bought it for.
What Household item to raise hardness in pool water?
Hardness increaser from your pool supply company
How do you auction an item on minecraft?
The Bukkit plugin "Auctions" you simply type /auc start (item name or I.D.) (Amount of the item) (price to be set for the first bid) (Bid raise amount)
What is the definition of price taking?
It is important to know what words mean. The definition of "price taking" is a company or individual that is not influential enough to affect the price of an item.
What can a company do to decrease price sensitivity?
The main thing that a company does to reduce price sensitivity is advertising to create branding. The brand name is more likely to be able to charge a higher price for the same item, decreasing price sensitivity.
When does the price of an item decrease?
When demand goes down, or when the company is producing too much and flooding the market.
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The company Dior is a French luxury goods company, whose brand name demands a significantly higher price. The price is associated with the prestige of the company, and not so much the quality of the item.
What is the definition of regular price?
The regular price of an item is the non-sale price of that item.
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I'll tell you that the newer the item the crapper it gets. But customers don't know what it is like. So they raise the price for newer devices to earn money for a POS phone, PC, ECT.
If you sold an item for 20.00 and included sales tax and your sales tax rate is 7.3 what was the item price before sales tax?
The easiest way to understand the answer is to turn it around. If you wanted to calculate the item price plus tax, you would multiply the item price by 1.073. So, to back up to the item price from the item price plus tax, divide the item price plus tax by 1.073. $20.00 / 1.073 = item price before sales tax.
What Another name for a item at discounted price?
items on reduced price, or low price item. Sale price, loss leader, offer price.
