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Joe walks into Best Buy prepared to spend no more than $500 on a new computer, but the price for the computer he wants turns out to be $600. The salesperson explains that if Joe finances the purchase on a Best Buy credit card, he will receive a $25 gift card free with the $600 computer purchase. Joe opts to open the credit card and puts the full $600 on the account. According to economic theory, Joe's decision is:
Normalization
The process of making something normal or standard, typically referring to the process of making specific values, behaviors, or societal conditions accepted as norms.
Two-Tiered
A system or structure that has two distinct levels or layers, often used to describe hierarchies in society, economy, or services.
Health Care
A system or organization that provides medical services to improve and maintain the health of a population.
Jump The Cue
An informal phrase referring to bypassing a line or sequence to gain a quicker or more favorable position, typically seen as unfair or unethical.
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