At the New-Car Dealership, Josh Asks the Salesperson a Number

question 2

Multiple Choice

At the new-car dealership, Josh asks the salesperson a number of questions: "How good is the gas mileage on this model? What does Consumer Reports say about this make and model? Does this car hold its resale value?" The __________ component of Josh's attitude toward the car is most likely to inform his questions.

• A) affective
• B) cognitive
• C) dissonant
• D) behavioral

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Definitions:

Very Elastic

Refers to a situation in which the demand or supply for a product changes significantly in response to price changes, indicating high sensitivity.

Elastic Demand Curve

A demand curve characterized by a high sensitivity of quantity demanded to changes in price, indicating that a small price change results in a large change in quantity demanded.

Heating Oil

A low viscosity, liquid petroleum product used as a fuel for furnaces or boilers in buildings.

New Automobile

A recently manufactured vehicle intended for personal transportation, featuring the latest technology and design.