Some razors, like Gillettes Fusion and Venus razors, have disposable heads. The razor comes with an initial

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Some razors, like Gillette’s Fusion and Venus razors, have disposable heads. The razor comes with an initial pack with a razor handle plus three or four heads; after that, you need to buy refills separately.
a. Where do you think Gillette gets more revenue: By selling the initial pack or by selling the refills?
b. The next time you buy a new razor, are you going to spend more time looking at the price of the razor or at the price of the refills?
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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