I don’t think there is one overall correct answer, as it depends on so many variables.
Here is the article that sparked this current debate:
http://www.chicagobusiness.com/article/20110212/ISSUE02/302129998/the-price-is-right-or-is-it#axzz1E9nDCJMt
I agree with Susan’s comment in the article that people will spend money if they see the value in what you’re offering.
Value is measured in three dimensions:
- Price vs. monetary resources [...]



