Utility companies never offer sale prices on their services because these services are very inelastic. These services have no substitutes, they do not take up a very large proportion of people's incomes (at least, not enough to consider living without electricity or running water), and they are necessities in a household.
Utilities companies never offer sale prices on their services because these services are very inelastic. These services have no substitutes, they do not take up a very large proportion of people's incomes (at least, not enough to consider living without electricity or running water), and they are necessities in a household.
