Have you ever wondered why some products are so expensive? Are retailers just trying to make as much profit as possible, or is there more to the story? A recent study has shown that there are multiple factors at play when it comes to retail pricing, including supply chain costs, demand, and competition. Understanding these factors can help consumers make more informed purchasing decisions and even advocate for fairer pricing practices. So, the next time you’re surprised by a high price tag, take a moment to consider the whole picture behind retail pricing.

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source: Phys.org