Consumer Economic Naturalist

Consumer Economic Naturalist - Sarah Montano February 22nd...

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Sarah Montano February 22 nd 2008 Paper One Consumer Economic Naturalist One of America’s favorite past times is shopping. It is a past time because we buy not solely out of necessity, but out of desire. Sometimes we even shop simply out of boredom. As a result, one of the Unites States’ largest industries is the retail industry. Since we shop so often, usually once or more daily, we like to think we are professional buyers. Therefore, the average American has been conditioned to value the title of “a wise consumer”. We work hard for our money and want our money to do the same for us. However, in reality even if we believe to have mastered the art of shopping, the retail industry can be deceiving. Nothing quite brings in the crowds like the word “Sale”. “Sale” to the average person means a break from the normal price, but what are we really getting? When can sales be the enemy? I have noticed two ways that retailers entice consumers to purchase goods. The first is by creating the illusion of a sale and the second
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This note was uploaded on 04/09/2008 for the course ECON 106 taught by Professor K during the Spring '08 term at New Mexico.

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Consumer Economic Naturalist - Sarah Montano February 22nd...

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