Which of the Following Statements Is True of Prevention-Focused Consumers

question 46

Multiple Choice

Which of the following statements is true of prevention-focused consumers?

• A) They are highly receptive to new products.
• B) They tend to be the target for marketers launching a new product.
• C) They are motivated to act in ways to achieve positive outcomes.
• D) They tend to preserve the status quo by staying with the option they know.
• E) They focus on hopes, wants, and accomplishments.

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Definitions:

Parallel Shift

Parallel shift is a concept in economics where a graph, such as a demand or supply curve, shifts left or right without changing its slope, indicating a uniform change in demand or supply.

Budget Line

A line that shows the different combinations of two products a consumer can purchase with a specific money income, given the products’ prices.

Consumer's Level

Refers to the consumption patterns, preferences, and purchasing power of individuals or households within an economy.

Budget Line

A graphical depiction of all possible combinations of goods a consumer can afford with a given budget, at fixed prices.