How Much Would You Pay For Facebook? - Time Will Tell

In the first quarter of 2012 the average UK house price was £226,887 (BBC)

How much would you pay for Facebook?

• £1000 a year
• £500 a year
• £100 a year
• £10 a year
• £1 a year
• Nothing

Just £2 a week for one year is enough to equip two African villagers with the skills to work their way out of poverty (Tearfund).

How much would you pay for Facebook?

• £1000 a year
• £500 a year
• £100 a year
• £10 a year
• £1 a year
• Nothing

Now I'm guessing that as you're reading a blog about behavioural economics you're probably on your toes, but similar techniques are used by shops all the time. The next time you go shopping try looking out for them...

Recommended listening:
Time Will Tell by Bob Marley