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I am surprised that you would expect anything else. As Milton Friedman famously said, 'Never listen to what people say. Look at how they vote with their feet.'
by solutionyogi 17y ago
I am surprised that you would expect anything else. As Milton Friedman famously said, 'Never listen to what people say. Look at how they vote with their feet.'
http://www.druglibrary.org/special/friedman/socialist.htm http://www.druglibrary.org/special/friedman/socialist.htm
- potatolicious 17y agoWell, it was pretty obvious the polls weren't going to be on the dot, but I was expecting consumers to claim to be willing to pay Y, but in reality only pay X, where X < Y. I never expected X = 0.
- sliverstorm 17y agoX != 0 lim($price -> 0) [ c * $price ] = X (Consider values less than $0.01 to be legal) You're essentially right, but not quite. P.S. make sure if you make your product more 'green' people are aware of this. If it's not clear, people may not understand why the price is higher, and when presented with two goods you believe are completely equal you will naturally choose the cheaper one.