Have you ever felt like you’re paying a small fortune for a simple product or service? Markups refer to the amount added to the cost of production to determine the selling price. While some markups are reasonable and necessary for businesses to thrive, others can be exorbitant and have a significant impact on consumers. Avoid paying high markups and make more informed purchasing decisions by reading this article. Products with High Markups 1. Wedding Attire/Flowers The wedding industry is notorious for inflated prices. Wedding dresses, tuxedos, and floral arrangements often come with steep markups, taking advantage of the emotional significance attached to these special occasions. Instead of going the traditional route and risking emotional and financial manipulation, consider visiting boutiques at Far East Plaza and City Plaza to purchase gowns from $180, or opt for home-based gown rental like Right For You Bridal starting from below $100. 2. Alcohol, Bottled Water, and Coffee...