"Price point" does not mean the same thing as "price"

[mugs]

http://en.wikipedia.org/wiki/Price_point

I've seen the use of this term increase dramatically in the last couple of years, and many people use it incorrectly.

That is all.

 

[James Bond]

How is this not a PSA?

 

[scorpmatt]

Originally posted by: Tizyler
How is this not a PSA?

cause the summary says its not!

 

[dullard]

If a business did its price analysis properly, then they are the same thing. The price should be at the price point.

 

[jdoggg12]

Price point: instance in relation to the demand, where it meets supply =equilibrium. Or am i forgetting my macro econ? its been years haha

 

[Skeeedunt]

Need example of said misuse.