The Term Conspicuous Consumption Describes

question 11

Multiple Choice

The term conspicuous consumption describes

• A)the habit of eating food even when you're not hungry.
• B)the tendency of industry to not incorporate energy saving methods.
• C)the inclination to buy things we don't need to impress others.
• D)inefficient fuel use by power plants that produce less energy than they consume.

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Definitions:

Self-control

Self-control is the ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.

Equity Theory

An assumption that how much people are willing to contribute to an organization depends on their assessment of the fairness, or equity, of the rewards they will receive in exchange.