We know that from observing evidence such as how much the government pays out in welfare to Wal-Mart employees.
Customers continue shopping there because human beings are typically incapable of accepting a short-term loss (higher price) for a long-term gain (product lasts more than three uses).
We know that from observing evidence such as how much the government pays out in welfare to Wal-Mart employees.
Customers continue shopping there because human beings are typically incapable of accepting a short-term loss (higher price) for a long-term gain (product lasts more than three uses).