Which of the Following Does Not Explain Why Consumers Buy

question 292

Multiple Choice

Which of the following does not explain why consumers buy products that many other consumers are already buying?

• A)network externalities
• B)the satisfaction people derive by being viewed as "fashionable"
• C)cost-effective way to gather information about a product
• D)differences in tastes and preferences

---

Definitions:

Light Beam

A narrow projection of photons, typically visible to the human eye, used in various applications from communication to measurement.

Latching Relays

Electromechanical switches that maintain their position (on or off) after being actuated, until they receive another specific actuation signal.

Momentarily Energized

Describes a circuit, component, or system that is powered or switched on for a brief period before returning to a de-energized state.

LED Light Sources

Light-emitting diodes used as efficient and durable illumination devices in various applications.