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erutoday at 5:08 AM1 replyview on HN

How do we know that?

And why do customers come back to shop there?


Replies

plagiaristtoday at 6:18 AM

We know that from observing evidence such as how much the government pays out in welfare to Wal-Mart employees.

Customers continue shopping there because human beings are typically incapable of accepting a short-term loss (higher price) for a long-term gain (product lasts more than three uses).

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