You visit a shopping centre. You are interested to buy a calculator, which is costing $45. Your friend informs you that the same calculator is available at $35, at a shop just 10 minutes drive. Do you go the nearby shop?
In similar incident, you are buying a refrigerator $500. Your friend informs you that same model is available and being sold at $490, 10 minutes drive away. Do you travel to the nearby shop?
Agree with Twinkar's answer! That would be my answer too.
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Twinkar
Tue, Mar 8th 2016 at 1:33 AM
It is a matter of relative comparison
In terms of $45 the difference of $10 seems significant enough to drive for 10 more minutes
But when one is paying $500, a $10 reduction seems trivial
Do you enjoy solving complex problems? Are you a critical thinker? Can you think differently about a situation and develop new ways of understanding. Do you enjoy experimenting and creating something new? Do you challenge the status quo?
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