_____ 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:

Product Usefulness

The degree to which a consumer believes a product will be able to satisfy their needs, goals, and desires through its features and performance.

Consumer Spending

The total expenditure by households and individuals on goods and services within a specific time period.

Marginal Utility

The additional satisfaction or benefit (utility) gained from consuming one more unit of a good or service.

DVD Players

Electronic devices that play discs produced under both the DVD-Video and DVD-Audio technical standards, used for video and audio playback.