The New York Times reported in August 1997 that over one-third of all bottled water sold in the United States is simply filtered tap water. For example, the Everest brand of water comes from the municipal water supply of Corpus Christi, Texas. Explain why consumers will pay more than $1 for a quart of water, whenthey could get basically the same quart directly from the tap for the smallest fraction of a penny.

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The Answer of The New York Times reported in August 1997 that over one-third of all bottled water sold in the United States is simply filtered tap water. For example, the Everest brand of water comes from the municipal water supply of Corpus Christi, Texas. Explain why consumers will pay more than $1 for a quart of water, whenthey could get basically the same quart directly from the tap for the smallest fraction of a penny.

The New York Times Reported in August 1997 That Over