Services High in ________ Qualities Are Those Services That Have

question 79

Multiple Choice

Services high in ________ qualities are those services that have characteristics that the buyer normally finds hard to evaluate even after consumption.

• A) trial
• B) search
• C) experience
• D) privacy
• E) credence

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Definitions:

AIG

American International Group, a multinational finance and insurance corporation known for its extensive global operations and services.

Fannie Mae

A government-sponsored enterprise (GSE) in the United States aimed at expanding the secondary mortgage market by securitizing mortgages into mortgage-backed securities.

Capital Stock

The total amount of physical goods a company owns for the purpose of production, including buildings, machinery, and equipment.

Productivity

The measure of the efficiency of production, often quantified as the ratio of output to input in the production process.