Dips in the Economy and the Instant Price Comparisons Made

question 77

Multiple Choice

Dips in the economy and the instant price comparisons made possible by the Internet have contributed to ________.

• A) decreased consumer price sensitivity
• B) increased consumer price sensitivity
• C) a less direct relationship between supply and demand
• D) low brand equity for luxury goods
• E) decreased brand loyalty

---

Definitions:

Stationary Bike

A device for indoor cycling that stays in one place, often used for exercise or training purposes.

Cyclist

An individual who rides a bicycle, whether for transportation, recreation, sport, or fitness.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically better on simple or well-practiced tasks and worse on complex or new ones.

Well-Learned Tasks

Skills or activities that have been practiced to a point of high proficiency, often performed automatically or with little conscious thought.