Which of the Following Does Not Explain Why Consumers Buy

question 133

Multiple Choice

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

• A)technology
• 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

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Definitions:

Predict

To make an educated guess about the future based on data, trends, or patterns.

Female Life Expectancy

The average number of years a female is expected to live based on statistical averages.

Children Birth

The process or event of a child being born; often considered in statistical analyses regarding birth rates or outcomes.

Lurking Variable

A variable that is not included as an explanatory variable in the analysis but can affect the interpretation of relationships between variables.