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The market will determine the price you will charge

While I am laughing at times, I think pricing is flawed because it takes into account the cost of production. Nestle's production of bottled drinking water is a prime example. Nestle has to pay $500 for every million litres of groundwater that they pump into Ontario. It's about 1/20th of a cent per litre that is enough to WOW TBC Classic Gold fill 2 bottles.

They must pay for their infrastructure, equipment maintenance, as well as their employees. While their product isn't cost-free to make I wouldn't be shocked if they made a an enormous profit.

The market will determine the price you will charge. This is the biggest issue that prevents local production of craft and the production of high-quality products being environmentally sustainable.

The most prolific suckers on the world are the people who purchase bottles of water. It's the exact same water that is pumped from the tap. The amount of plastic produced is literally contaminating the oceans, landfills and other places. People who claim to be environmentally friendly can consume bottles of water.

Yes, it's. However, that's just one instance. There are plenty of other instances and situations in which production costs do not drive the price of the product. What price would you set for IT efficiently if it was solely based on inputs? Do you pay plumbers only for the supplies they employ? Do you require for them to justify their hourly cost by referring to their costs for learning and earning certificates? What is the best way to price the value of securities and other investment vehicles even if there's no cost to buy WOW Classic TBC Gold keep them?

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