This is Parkinson's Law of Triviality. https://en.wikipedia.org/wiki/Law_of_triviality
I think (at least, I hope) what OP was trying to get at was the relative irrationality of something 1/8000th the cost of the very expensive item taking a very long time to debate through (especially when $100,000 is most probably far less than many of those board members earn as a salary every year)
As Programmers we deal with numbers a lot more often, so this effect is minimized. But still there.