Business Studies, asked by Prakhar4026, 7 months ago

Have you ever bought an expensive product even when there is a cheaper alternative? Why did you choose to buy the more expensive product

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Answered by kendua29
0

Answer:

If you’re in the market for a new outfit, should you buy the polyester pants that cost $20 or shell out $150 for a wool pair? When you need a new couch, is it better to go to and spend $400 or buy a $2,000 couch from Crate & Barrel?

When you’re shopping, it’s easy to assume that a higher price tag always means a better product. That’s what most manufacturers want you to think. Otherwise, few people would spend $100 when they could get the same item for $10. While there are times when it makes sense to go for quality over price, in a few instances, you’re better off saving your money and purchasing the less expensive option. In other cases, you might pay more now, but you’ll end up saving money in the long run.

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