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Level 3 / Mind Over Money /The Discounted Sweater / Learn English Through Stories
Manage episode 488390875 series 3669901
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Welcome back to Learn English with Profe Jaimi! I'm Jaimi, and I'm thrilled to have you learning with us. In Episode 7: “The Discounted Sweater” – The Power of the First Price, we're diving into the bustling Cali market to uncover another fascinating financial bias.
Have you ever seen an item on sale and felt like you had to buy it because of the amazing discount, rather than its actual worth? That's exactly what happens to Leo! He spots a sweater with a striking "original" price, making the discounted price seem like an incredible deal.
Join Leo and Mateo as they meet the wise Ms. Reed, who explains the concept of anchoring bias. You'll learn how the very first piece of information we encounter – like that high original price – can strongly influence our perception of value, even if it's not the true worth of an item.
Sharpen your English listening comprehension and expand your vocabulary as you follow Leo's realization about the difference between perceived savings and actual value. This episode will help you understand how "the power of the first price" can impact your shopping decisions and teach you to look beyond the discount to judge true worth.
Tune in and empower yourself to be a smarter shopper, recognizing when your mind might be "anchored" to a misleading price!
What's an item you've bought recently where you think anchoring bias might have influenced your decision?
What to Expect:
🎓 Engaging Stories: Dive into captivating stories designed to make learning English enjoyable and effective.
🌐 Cultural Insights: Explore the nuances of English-speaking cultures, adding depth to your language understanding.
Join Our Community: Subscribe, hit the notification bell, and become a part of our vibrant community of learners from around the world. Together, we can unlock the doors to effective communication in English.
Want to understand English idioms easily and sound like a native speaker? Get 'What Does That English Idiom Mean?' on Amazon now and start speaking confidently today! https://qr1.be/R8TE
Download Resources: Check the description below for a link to download the PDF of the story and a worksheet with exercises to help you practice what you've learned.
VideoVideos to watch next:
Historical Fiction • https://www.youtube.com/playlist?list=PLQQMLtyoW9Abee-UBSY9vVTzsf4hGs8A2
Fiction Stories • https://www.youtube.com/playlist?list=PLQQMLtyoW9AbTjp-os5aOzHLFgaQ-2-Wh
Elementary Stories •https://www.youtube.com/playlist?list=PLQQMLtyoW9AYzUyvagi17iIsW_kLzTWFO
Intermediate Stories • https://www.youtube.com/playlist?list=PLQQMLtyoW9AY12_KRNh7znQvhEdJpTxbj
Advance Stories • https://www.youtube.com/playlist?list=PLQQMLtyoW9AbMnS8r0UJWfDz9Wo-Ga-lu
📚 Explore More: If you enjoyed this story and want to dive deeper into learning English, check out my collection of ESL books on Amazon. You'll find a variety of engaging stories and helpful resources to enhance your language skills. Click the link in the description to visit my Amazon author page!
https://www.idiomainstitute.com/busin...
Hashtags: #LearnEnglishThroughStory, #EnglishStory, #ESLListeningPractice, #EnglishLearning, #EnglishStories, #SpeakBusinessEnglishWithConfidence, #idiomaInstitute
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