In 2013 Joe’s Gun Shop buys WWB 9mm ammo for $10 (inflation plays it’s role) then puts it on the shelf for $30. Mark up of 300%. Was 60% now 300%.
What would us “Commoners” call what Joe is doing? Gouging!
My local Walmart sold WWB 9mm in 2010 for $10. They are selling it now for $15. The very same ammo, might even be the very same lot number as the ammo at Joe’s. Walmart is making a profit, otherwise they wouldn’t be selling it.
What would us “Commoners” call what Joe is doing? Gouging!
May not be a 100% correct term, but it’s fitting.
*Be advised that Joe’s Gun Shop is a mythical title used for dramatization. If there is a Joe’s Gun Shop out there, no harm intended. No one named Joe was injured during the filming of this documentary.