When shopping for the best price on a durable good, we are constantly worried about
A) stopping our search too soon and, as a result, accepting a price that is too high
B) searching too long and wasting time and money in the process
C) Both answers are correct

Question

Quizplus · Accepted Answer

When shopping for a durable good, it is important to find the best price possible. However, this can lead to two potential worries: stopping the search too soon and accepting a price that is too high or searching for too long and wasting time and money in the process. Therefore, both options A and B are correct and it is important to strike a balance between them in order to find the best deal without wasting excessive time and resources.

When Shopping for the Best Price on a Durable Good