_____ Occur When Consumers Feel That Making the Wrong Decision

question 81

Multiple Choice

_____ occur when consumers feel that making the wrong decision might cause some concern or anxiety.

• A)Physiological risks
• B)Financial risks
• C)Social risks
• D)Psychological risks

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Definitions:

Outboard Motors

Engines mounted on the outside of the stern of a boat, used to propel the vessel through the water.

Opportunity Cost

The cost of forgone alternatives when one option is chosen over another.

Outboard Motors

Engine units mounted externally on the rear of a boat, providing propulsion through the water.

John Maynard Keynes

A notable British economist whose theories substantially modified the framework of macroeconomics and influenced the economic decision-making of governments.