It suggests that the value of any products or services have direct correlations to costs.doi:10.5942/jawwa.2013.105.0078MELAISIIE GOETZHughes & Stuart MarketingJournal American Water Works AssociationGoetz, M. (2013). Defining rates by the gallon makes water worth the price. Journal: American ...
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Most people will pay a higher price out of necessity. Of course, there are exceptions. During the oil and gasbubbleof 2008, prices soared to a national average peak of approximately $4.10 a gallon and people changed their behavior by demanding less gas.Some economists felt this demand shift ...