Irrational consumers subject of Day To Day NPR piece

Day to Day, the NPR show, had a report today that talked about high gas prices and consumers' reaction to the ever-increasing numbers at the pumps. Alix Spiegel's radio piece tells us that consumers are somewhat irrational beings. We don't mind spending money as long we feel we got a good deal, even if the real value of the item or service we bought is nowhere near the money we paid for it. And, when it comes to $3 for a gallon of gas we look for someone to blame for the high price, even though coffee shops make a mint selling $4 drinks and we know we could be driving a more fuel-efficient car. You can listen to the 5-minute report here.
[Source: NPR]

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