I think an interesting implication of this is that people may feel satisfied having purchased something useless that seems to have enough "stuff" in it.

Also the same old argument used to justify piracy, that it costs next to nothing to copy bytes. And that the product is so not worth the price that those who pirates "wouldn't have bought it anyway", yet there they are using the pirated product, movie and music.

It's because people mainly perceive marginal costs in the goods they buy, and they don't consider fixed costs. In extreme cases like software, news, etc, they think "this extra copy didn't cost anything to produce, therefore it should be free", even though the initial fixed cost was substantial.

This leads to some things like perceiving less competent workers' time to be worth more than more competent ones' (because they take longer to do a task, therefore they should be paid more), etc.