Originally Posted by
javabytes
No one will argue that businesses today don't overwhelmingly employ value-based pricing. But keep in mind at the end of that same road lies a point named extortion (or perhaps more technically correct: price gouging).
Agreed -but again - to use a "reductio ab absurdio" principle - my father then said "You are in a desert and have not had a drink for hours and you get offered a pint of cold water for 10 pounds (Sterling) , do you take it"
Answer - yes
Extortion -yes
At that moment the price of water went up. - Now you could also argue that this is the
simple law of supply and demand (Occams razor?) . I make no further comment.
