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LIST 9

LIST 9. 2014. Exorbitant – adj . exceeding what is normal; extreme; unreasonable. I am very disgruntled when paying the exorbitant prices for food at the game. . INDIGNANT -- adjective. angry. The employee was indignant when his boss took all the credit for his work. TEDIOUS-- adjective.

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LIST 9

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  1. LIST 9 2014

  2. Exorbitant – adj. exceeding what is normal; extreme; unreasonable I am very disgruntled when paying the exorbitant prices for food at the game.

  3. INDIGNANT -- adjective angry The employee was indignant when his boss took all the credit for his work.

  4. TEDIOUS-- adjective Long and boring It was a tedious chore to have to clean every tile in the bathroom.

  5. INSATIABLE -- adjective Not able to be satisfied Jerry had an insatiable desire to learn and never stopped taking classes and reading books.

  6. Ariely says, the price a consumer is willing to pay for a good (for instance, a cup of coffee), is based on a principle he callsarbitrary coherence.  This principle says that the initial prices for most goods are basically arbitrary (in other words, who knows what's a good price for a cup of coffee?), but once a price is set and established in the consumers' mind, then that price shapes present prices and future prices.  For instance, Starbucks tells us that the price for a "Cafe Venti Mocha Maciatta-Frappucino-Latte" is $5.  Why is it $5?  Who knows.  It's an arbitrary price. 

  7. ARBITRARY -- adjective based on chance or impulse as opposed to reason or necessity The decision to spend $700 billion to help the economy was not an arbitrary decision but rather took a lot of planning and debate.

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