Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Liquid Gold Water is water, right? Not so! The maker of Beverly Hills 90H20 bills its champagne of waters as The World's First Sommelier- Crafted

image text in transcribed
image text in transcribed
Liquid Gold Water is water, right? Not so! The maker of Beverly Hills 90H20 bills its champagne of waters as The World's First Sommelier- Crafted Water." Champagne producers in France (the only region that can legally use the "champagne label) were not pleased, especially since the water is sourced in California's Sierra Nevada Mountains. At $14 a bottle, this is not your everyday drinking water. The 7.5 alkalinity "silky" water is ideal for pairing with food and comes in a hand- finished, triple-sealed, diamond like bottle. It is only available in fine restaurants, gourmet markets, and luxury hotels. The 10,000 limited-edition bottles are individually numbered and decorated with custom art, making the bottle a collector's item. This isn't the first for luxury water, though, and is actually somewhat of a bargain. Fillico Beverly Hills (from Japan) costs $100 per bottle. That's without the gold or silver crown capyou can double the price if you want that. Acqua di Cristallo Tributo a Modigliani gold-bottled water tops them all at $60,000 per bottle! Question Is it ethical to sell water, which is basically all the same , in a way that commands such high prices? Explain whey or whey not

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Non Financial Managers

Authors: Pierre Bergeron

6th Edition

0176501630, 9780176501631

More Books

Students also viewed these Finance questions

Question

What are the short- and long-term effects of stress on the body?

Answered: 1 week ago