Bang & Olufsen Make Some of the Best Sound Systems

question 139

Multiple Choice

Bang & Olufsen make some of the best sound systems in the world.After years of development,Bang & Olufsen recently released its new BeoLab 5 speakers.For audiophiles who demand the best in audio equipment,the $19,950 Bang & Olufsen BeoLab 5 speakers represent an example of a(n) _____ product.

• A) heterogeneous shopping
• B) specialty
• C) homogeneous shopping
• D) convenience
• E) exclusive

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Definitions:

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of goods or services.

Car's Stereo

An audio system installed in an automobile that plays music or broadcasts from various sources, enhancing the driving experience.

Music Fan

An individual who has a strong interest or enthusiasm for music and its various genres, often following artists and attending concerts.

Side Effects

Unintended consequences of an action or decision that can be either beneficial or harmful.