Some people consider price as most important thing to think about when buying product (such as cell phone) or service (eg medical treatment). Do you agree or disagree?

Although

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a few believe that cost ought to be considered in

purchase

Suggestion

the purchase

of a good like mobile phone or

service

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such

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as therapy, but I think two things are more important: durability and

value

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.

First

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, cost determines

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demand

Suggestion

the demand

of goods and services in economics, because money at hand goes a long way to determine

affordability

Suggestion

the affordability

of a phone or

service

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in a hospital. What a person possesses determines whether he can afford to walk into a Samsung phone shop or receive medical attention.

Also

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,

price

Suggestion

the price

equates the level of product to purchase and or to what extent one could go on receiving doctor’s attention.

Second

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, durability of hand phones ought to be determined. Most products like phones are obviously overpriced.

This

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simply means that a potential customer must weigh the lifespan of a good against the price.

Moreover

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, there is the possibility of buying

fake product

Suggestion

fake products

a fake product

which could lead to loss of money. In advance, it is proper to check the warranty of products like phones before money is exchanged.

Third

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, the

value

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of a product should determine the

demand

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of that

service

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such

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as medical treatment. A prospective patient must carry out a reality check in order to determine the

value

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of a

service

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. One must not go for a

service

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which could add little or no

value

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to their intended purpose.

For instance

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, cosmetic surgery is considered as a luxury medical procedure and

this

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is mostly carried out by celebrities due to the need to stay young and in

demand

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.

Although

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some individuals, who are deformed, go through

this

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process, but

on the other hand

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, some go through the same procedure of cosmetic surgery without drawing a scale of preference which leaves them

debt

Suggestion

a debt

. In conclusion,

although

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price determines

demand

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to a large extent, but one must

also

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weight the duration and importance of

such

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goods and services.