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Deciding how much time to spend gathering information before a purchase depends on several factors, including the item's cost, importance, and your familiarity with it. For high-cost or significant purchases, investing more time in research is wise to ensure you make an informed decision. Conversely, for low-cost or everyday items, a quick assessment may suffice. Ultimately, balance your need for information with the urgency of the purchase and your confidence in your decision-making.

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1w ago

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How should you decide how much time to spend gathering information before you make purchase?

This would entirely depend on the good or service in question. If looking for a pair of shoes, the time spent to gather information would be relatively short. On the other hand, if looking to purchase a car (an expensive investment compared to a pair of shoes), there would be much more time spent in considering the best purchase.


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