Which Explanation of Conspicuous Consumption Fits with Terror Management Theory

question 7

Multiple Choice

Which explanation of conspicuous consumption fits with terror management theory? ​

• A)Acquisition of material things helps humans feel their existence extends beyond death.
• B)Purchasing things lowers arousal and reduces terror. ​
• C)Purchasing things increases arousal and helps one combat terror. ​
• D)Acquisition of material things help a person establish their social identity. ​

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Definitions:

Marginal Revenue

The additional income earned by selling one more unit of a good or service.

Normal Good

A product or service whose demand increases as consumers' income increases, typically reflecting higher purchasing power.

Profit-Maximizing

The strategy by which an organization sets the price and amount of output to achieve the maximum profitability.

Market Price

The current price at which an asset or service can be bought or sold.