3 ms·
> How do you expect consumers to view flying as anything but a commodity when I can pay 2x more then the customer sitting next to me? Wait, if people pay such
by nandemo 16y ago
> How do you expect consumers to view flying as anything but a commodity when I can pay 2x more then the customer sitting next to me?
Wait, if people pay such different prices for the same product, doesn't that mean that it's not a commodity?
- jballanc 16y agoNo, a commodity is something you purchase based solely on price without regard for any differentiating factors related to provider. Think crude oil. Oil's price goes up, oil's price goes down, but ultimately you're only thinking about the price, not whether that oil comes from one large drilling conglomerate or the next. Oil is oil, and a plane ticket is a plane ticket.
- Sukotto 16y agoThe word you're looking for is "Fungible". One barrel of fuel oil is the same as every other barrel of fuel oil.