Which of the Following Scenarios Could Be an Example of Increasing

question 62

Multiple Choice

Which of the following scenarios could be an example of increasing marginal utility?

• A)A father buying three game CDs for his son.
• B)A shopkeeper selling the tenth pound of hamburger.
• C)A stamp collector purchasing an additional stamp for collection.
• D)A consumer buying an additional unit of apple.

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Definitions:

Trial Close

A technique used in sales to ask preliminary questions or make statements to gauge the customer's readiness to make the purchase.

Sales Presentation

A speech or demonstration given to persuade a potential buyer of the value and benefits of a product or service.

Buying Decision Process

The series of steps a consumer goes through, from recognizing a need to the actual purchase decision.

Purchase Intentions

The probability or inclination of customers to purchase a product or service soon.