I could be - consumer perception alone can allow differing prices. So the question remains, why a variation in price for the same product?
You usually won't find milk at this wide a price range at the same store or even the same general market.
You're wrong. I see it every time I go to Kroger.
If the business tries to sell the differentiated product for more than the market it will bear - they won't sell and they will be forced to reduce their price.
Right. Until they can't reduce it anymore - at what point will that be?????? When their revenues do not exceed their COSTS!
HELLO!!!?????
Right. Until they can't reduce it anymore - at what point will that be?????? When their revenues do not exceed their COSTS!Don't you mean "costs plus income taxes"? Oh, right. There wouldn't be any taxes if they weren't making a profit. Does the price of this product the business is selling at cost have embedded corporate income taxes in it? (Your own logic is failing you.)