Characteristics That Customers Find Hard to Evaluate Even After Consumption

question 3

Multiple Choice

Characteristics that customers find hard to evaluate even after consumption are termed ____________.

• A)search attributes
• B)experience attributes
• C)credence attributes
• D)satisfaction attributes
• E)capital attributes

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Definitions:

Basket of Goods

A selection of various goods and services used to track inflation and the cost of living over time.

Balance of Payments

A record of all financial transactions made between consumers, businesses, and the government in one country with others.

Accounting Techniques

Methods or principles employed in managing and reporting financial information and transactions.

Exports Equal Imports

This term refers to a situation in balance of trade where the value of a country's exports equals the value of its imports.