Ralph and Shane Have Been Best Friends for Over Twenty

question 24

Multiple Choice

Ralph and Shane have been best friends for over twenty years and they influence each other's shopping choices.When they are shopping for perfumes, however, Ralph picks a perfume endorsed by his basketball idol and Shane opts for a perfume endorsed by his favorite pop singer.In this case, which of the following principles of influence has affected the purchases made by Ralph and Shane?

• A)Reciprocation
• B)Liking
• C)Scarcity
• D)Consistency
• E)Transparency

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Definitions:

Internal Tariffs

A concept not commonly recognized in economic terms, possibly referring to taxes or fees within a single economy's internal market, but accurately, there's no standard definition. NO.

European Union

A political and economic union of 27 European countries that participate in a single market allowing for free movement of goods, services, money, and people.

WTO Meetings

Gatherings of members of the World Trade Organization aimed at negotiating agreements to reduce trade barriers and resolve trade disputes to promote global commerce.

Protesters

Individuals or groups that publicly demonstrate opposition or support for a cause, often through rallies, marches, or campaigns.