Are you allowed to increase the selling price ?

why couldnt you increase a sales price? stores can also charge more than the MSRP if they wish to do so.

Unless the party agreed to a sale at the original price there is nothing wrong with changing your asking price- whether it is raised or lowered.

Of course but this may decrease your chances of selling whatever it is you're trying to sell.

in a free-market system selling price is simply where demand and supply curves cross.

KP

Cornfed> I wasn't relally interested in buying it but thought it quite odd. I had not seen this practice on Agon before. I know I have been in stores before where an item was marked at one price and they rang it up at a higher price. When I pointed out the sticker price they said they had to honor it. Maybe it is not law but good business practice. I don't know. I'll leave that up to your expertise. Another item I saw today is in the auction and in the classifieds at the same time with the starting price the same as asking price. In the past I've seen items listed here and on Ebay at the same time. This kind of practice makes me apprehensive towards that seller. I was just wondering how others felt about such practices.