Which of the Following Is Not an Example of Automatic

question 58

Multiple Choice

Which of the following is not an example of automatic information processing?

• A)Buying a product on impulse
• B)Buying a product out of habit
• C)Buying a product based on "gut" instinct
• D)Buying a product after discussing the decision with a friend
• E)All of the above are examples of automatic information processing.

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Definitions:

Comparative Advantage

The ability of a party (an individual, a firm, or a country) to produce a particular good or service at a lower opportunity cost compared to others.

Geegaws

Trinkets or small, flashy objects of little value; often used to denote cheap or kitschy items.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity.

Geegaws

Ornamental objects of no substantial value, often considered trinkets or gadgets.