Jan gets a good score of 85 percent on her test, but when talking to her friends, she learns that two people in her class of 45 students did better than her. if she were to focus on the fact that two people scored better than her, jan would be engaging in what is technically called a comparison process and we would expect her to feel dissatisfied.

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase