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That’s not how a business sets prices. It charges as much as consumers are willing to pay.
by brianwawok 4y ago
That’s not how a business sets prices. It charges as much as consumers are willing to pay.
- V__ 4y agoIf more people are willing to buy the product for a lower price and due to better economies of scale / amortized cost of development the margins also improve then of course they may lower the price.
- t-writescode 4y agoTell that to Arizona Iced Tea. Not all companies are garbage. Friendly reminder that LTT sells *all* of its desk pads and water bottles for the same price, no matter the size.
- brianwawok 4y agoA company using basic ecomomic principles is garbage? So LTT overcharging for it's smaller water bottles vs big is good? But if a company were to discount small water bottles, and raise the price of bigger, they are garbage? wow.