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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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8y ago
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1w ago

You can decide how much time to spend gathering information before making a purchase based on factors like the significance of the purchase, your familiarity with the product or service, the availability of information, and your budget constraints. It's important to strike a balance between thorough research and avoiding analysis paralysis to make an informed decision in a reasonable time frame.

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