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The term was developed to describe the method of switching a high cost product with an identically looking low cost product in order to maximise profits. It is believed to have been first used by Juan Pablo Hoskin in mexico in 1978 when he was the first person to suggest switching cocaine with baking soda.
I used the Hoskins Cut to maximise my profits, switching a high cost item with a cheaper product.
by dkabab February 27, 2015
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