This kind of goes along with Gavin's odd question, but I work at a retail store and noticed that people come flooding into the store when they hear about a sale or discounts. Does this have to do with the incentive part of economics? Like they hear about a sale and their brain says, "yay a sale! Less money, more things"? Or like I hate going clothes shopping because I could find almost the same exact $150 piece of clothing on Shein for $7.50, what does that say about me?
Yes! Great example of incentives. Without spoiling too much, you just described the law of demand. No spoilers! I will leave it at that until we cover the chapter on supply and demand (soon). If I remember, I will actually use this in class. If I don't bring it up!