eli5 why bottled water costs more than lemonade?

Question

I see lemonade on shelves costing half the price of bottled water. I imagine that a 10 per cent sugary solution is still 90 per cent water, but costs (some times) half as much.

In: Economics

Answer 1

Because people will pay more. Prices aren’t set based on “worth”, companies charge as much as they can.