wtf. . EKI' THIS. Price Elasticity of Demand. People who buy the smaller coke usually buy it for convenience (as in on the go when they are already out) so therefore will be less
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EKI' THIS ****
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Views: 18108
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Submitted: 07/03/2013
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#18 - iamlying (07/04/2013) [+] (2 replies)
Price Elasticity of Demand.
People who buy the smaller coke usually buy it for convenience (as in on the go when they are already out) so therefore will be less responsive to price changes, to the price can be quite high.
The larger coke is usually bought when people want coke at home, so they will look for better prices and hence be more responsive to price changes, hence the lower price.
The small water is priced high for the same reason as the coke is priced high. Plus water doesn't have that many substitutes (if you don't want coke, you can get pepsi (inb4 they're different), but if you want water you will likely be very thirsty). Thus small water is priced highest.

Thus concludes today's economics lesson.
User avatar #12 - Lambda (07/04/2013) [+] (1 reply)
There's not much of a reason to buy bottled water, really. If you have a house you probably have running water, which is easy to filter. If you're on the go, pack a canteen instead of buying water bottles. You can fill it from any hose or sink and most businesses would be happy to allow you to do so.
User avatar #11 - makomirocket (07/04/2013) [-]
the large coke is the cost of coke
the smaller coke is put in a smaller bottle and thus provides you with a USP (unique selling point) of that you can carry and drink in out and about without looking like a fat ****
the water bottle is what ''healthy'' people pay for something that costs 0.6p from a tap, and that portable bottle USP
User avatar #10 - fukitidk (07/04/2013) [+] (2 replies)
Why the **** do you ever wana buy a bottle of water ?
#16 to #10 - kez (07/04/2013) [-]
When i'm not at home and want to drink?
#8 - themasonrocks (07/04/2013) [+] (4 replies)
Got to love Arizona.
User avatar #40 - vanoreo (07/04/2013) [-]
and we wonder why people are fat
User avatar #39 - Sockopolis (07/04/2013) [-]
To make profit.

Everyone and their ******* mother is on a health kick around here, so bottled water is in high demand. Companies can get away with ridiculous prices.
User avatar #33 - zombiefied (07/04/2013) [-]
More people will buy the smaller bottle. They raise the price of what people buy the most.
User avatar #30 - ctenop (07/04/2013) [-]
At the store closest to me in England, a 2L bottle of Coke will cost about £2 (2 for £2 atm, 2 for £3.50 etc). The 500ml is around £1.10, so it is cheaper to buy a small one, and not have to lug round a big one. You can usually get the 500ml on buy on get one free's or a £3 lunch deal. Water varies from 39p for 500ml, to about £1.79 for a branded 750ml bottle
User avatar #29 - jettom ONLINE (07/04/2013) [-]
Cola is really cheap in America.
And bottled water.
#25 - asftrooper (07/04/2013) [-]
Some guy already explained it the last time this was reposted, but I guess i'll do it this time.
It is mainly because the smaller ones are usually refrigerated so you will have a cold drink. You pay to have it cold and it cost money to run those refrigerators. Stores that sell it without it being refrigerated just never bothered to lower the price or the manufacturer assumed it would sell more.
#24 - SILENCEnight (07/04/2013) [-]
**SILENCEnight rolled a random image posted in comment #2734798 at Friendly ** Easy, the little bottle and water bottle are sold at a theater.
User avatar #23 - pokemonstheshiz (07/04/2013) [-]
bottled water is 1$ here for the most part.
#13 - anonymous (07/04/2013) [-]
Coke isn't made from the tears of babies
User avatar #9 - theblastradius (07/04/2013) [-]
Don't question it, just grab as many 2L bottles of coke as you can before they realize they're mistake.
User avatar #7 - breakfastskippa (07/04/2013) [-]
**** you, a can of coke is like $1.50-$2.00 in Aus.
#5 - muffinssnuffims ONLINE (07/04/2013) [-]
A lot of it has to do with the fact that most people like tons of stuff removed from their bottled water which has absolutely nothing to do with purity or health, and everything to do with it tasting more pure.

With flavored drinks, this isn't necessary because it's such a mild flavor to begin with that it's easily covered.
User avatar #1 - sparkyoneonetwo (07/03/2013) [+] (2 replies)
I've never seen a bottle of water cost that much.
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