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Old 07-06-2006, 01:57   #27
Chrysalis
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Join Date: Sep 2003
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Re: Opening hours of department dealing with cancelations?

A product is undervalued when the person selling the product is either making a loss (loss leader) or they have to redesign the product usually by reducing the quality of it to sell it at that price. This is occuring with broadband.

By your argument if people suddenly decided they would only pay £1 for broadband then £2 would be overvalued even if it costs the isp 10x that amount to provide it.

---------- Post added at 00:57 ---------- Previous post was at 00:54 ----------

Oh and by the way the price is set by the person selling the product, noone is putting a knife to isp's throats saying you have to charge X amount.

What do you think mr X will do if he says to NTL I want this price because I can ask for it then NTL said no can do you can stay at current price or leave?
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