At the Check-Out Counter of the Convenience Store,Laura Is Given

question 87

Multiple Choice

At the check-out counter of the convenience store,Laura is given several nickels and dimes as change.Laura hates carrying so much change in her purse so she decides to buy a packet of chewing gum that she spies next to the cash register,at the last minute.In this instance,the chewing gum is a(n) _____.

• A)shopping offering
• B)convenience offering
• C)specialty offering
• D)impulse offering
• E)unsought offering

---

Definitions:

Risk-neutral

A characteristic of individuals or entities who are indifferent to risk when making investment decisions, focusing solely on the expected returns.

Risk-loving

A characteristic of an individual or entity that prefers or is willing to take actions that have a high level of uncertainty with the potential for significant returns.

Expected Utility

A theory in economics that calculates the anticipated utility of an action, factoring in all possible outcomes weighted by their probabilities.

Risk Averse

Having the tendency to prefer outcomes with lower uncertainty and potential for loss, even if they may offer lesser but more certain rewards.