jack up

phrasal verb·1 sense·particle up

Meanings

1

Raise a price sharply

Why “up”? More of something is higher. Quantity, intensity and speed all rise.

Scalpers jacked up the ticket prices.
Scalpers raised the ticket prices steeply.
The shop jacked up prices before the holiday.
The shop raised prices steeply before the holiday.

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Scalpers jacked up the ticket prices. What does it mean?

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