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About: Common law of business balance     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEconomicsAphorisms, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Aphorism107153130yago:AuditoryCommunication107109019yago:Communication100033020yago:Maxim107152948yago:Saying107151380yago:Speech107109196yago:WikicatEconomicsAphorisms New Facet based on Instances of this Class

The common law of business balance, usually expressed as "you get what you pay for", is the principle that one cannot pay a little and get a lot. In addition, paying a cheap price will not guarantee the buyer will receive a product of high quality value. In other words, a low price of a good may indicate that the producer compromised quality.