Question

Were you more or less price sensitive when you were a teenager than you are now in making your gasoline consumption decisions when you encounter an unexpected discount? Brainstorm about why.

Answer 1

I was more price sensitive in the consumption of gasoline as a teenager than now and this is indeed because of the fact that the income as a teenager is quite less and with that I used to search for substitutes such as public transportation etc but with the increase in income, slowly gasoline became a necessity with which I became less price sensitive.