How Much is Quality Worth?

  Image via Wikipedia Quality versus cost is a battle that wages in almost every purchasing decision. Whether you are buying heavy machinery for a major company or getting a blender for your kitchen, or even grocery shopping, there is always a cheaper way and a more expensive (but usually higher quality) way. So, just when is it worth paying up for a higher quality piece of equipment and when should you settle for something in a lower price range? While not everyone likes to think of decisions in mathematical/scientific terms, usually a decision between price and quality should … [Read more...]