this post was submitted on 29 Sep 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

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[–] [email protected] 3 points 1 month ago

That’s funny and I’m sure you know this but for purposes of discussion -

Think about a couple common examples:

I would pay like a thousand dollars not to wash clothes by hand for a few years.

You see washing machines are like $500-$1000, you buy, you’re happy.

I’d pay five bucks to have a sweet dark tasting liquid in my mouth and not be as tired.

Cha-ching, Starbucks makes a sale.

So even rational consumers often make purchases when their expected utility/satisfaction exceeds the monetary cost.