If Scarcity Were Eliminated

question 19

Multiple Choice

If scarcity were eliminated,

• A) all goods would be free.
• B) no one would have to make any choices.
• C) everyone could have all they want at no cost.
• D) all of the above are true.

Grasp the concept of identity negotiation within sales interactions.

Understand the factors influencing consumer product evaluations, including quality and value.

Acknowledge the influence of retail environment and marketing strategies on consumer behavior.

Recognize the transumer behavior as a consumption trend.

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Definitions:

Dispensable

Something that is not necessary or required; able to be replaced or done without.

Free Ride

A situation where one benefits from others' efforts without contributing to the cost or effort involved.

Deindividuation

A psychological state where an individual loses self-awareness and feels less responsible for their actions, often occurring within group settings.

Self-Awareness

Perception of one’s self-identity, emotional experiences, incentives, and goals.