I'm probably not willing to pay for dinner with a friend aside from Mcdonald's or Jollibee, since it is just within my student budget. Even then, I'd still be contemplating the whole time if I made the right decision to treat a friend or if I've chosen the right place.
2. What happens to your willingness to pay if you are choosing a restaurant to impress your boss?
I'm going to be willing enough to treat him at a much classier restaurant since I'm trying to impress him and give him a good impression about myself. And to be in his/her good side I have to show her the best of me, not just bring him/her somewhere common, though I'm not exactly saying Bigby's is common but it is slightly within my budget, and has good ambience and great food.
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3. What is your WTP for a haircut?
I would spend right money for haircut, since I love my hair, and the style reflects me so I'm willing to spend money for my hair, though it doesn't need much because I love to keep my hair long and straight, not much high maintenance.
4. What happens to your WTP if you must have a haircut now for a special occasion tomorrow?
I'd be willing to spend just enough for the haircut but not much since I'm unprepared, but I'm still spending little amount of money, like I said it doesn't need much haircut because I like to keep my hair long.
5. What's the nature of the changes in your willingness to pay?
It varies from time to time, depending on the mood of the occasion, it goes from not wanting to spend, to having to expend, and willingness to impress the boss.
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