According to the Economist Fred Hirsch, a "Positional Good" Is

question 11

Multiple Choice

According to the economist Fred Hirsch, a "positional good" is a good or commodity:

• A) that places you in a high status position relative to those who don't possess it.
• B) that is desirable because of short supply or limited access.
• C) that is desirable because it has a high price tag.
• D) all of the above.

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Definitions:

SWOT Analysis

A strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Product Offerings

The variety of products and services that a company makes available to its customers.

Survival Kits

Survival kits are packages of basic tools and supplies prepared in advance as an aid to survival in emergency situations, such as natural disasters or outdoor adventures.

Manufacture

The process of making products on a large scale using machinery, often involving the combination of raw materials, components, or ingredients.