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What is an example of a positive externality
Peripheral Product Information
Secondary details about a product that may influence consumer perception and decision-making, such as packaging or brand reputation.
Complex Decisions
Decisions that involve the evaluation of multiple variables and outcomes, often requiring significant thought, analysis, and judgment.
Public Self-Consciousness
A psychological trait of individuals who are excessively aware of how they are viewed by others, often affecting their behavior in social contexts.
Need For Uniqueness
The psychological drive to be different and stand out from others, influencing consumer behavior and personal identity.
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