Which of the Following Is an Example of the Bandwagon

question 85

Multiple Choice

Which of the following is an example of the bandwagon effect?

• A)A larger cellphone consumer group makes a cellphone service more attractive.
• B)The more people use Facebook,the more attractive it is to consumers.
• C)With more broadband services,more high-definition webpages become available.
• D)All of the above.

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Definitions:

Lessor

A lessor is an entity that leases an asset to another party, known as the lessee, typically under a lease agreement.

Insurance

Insurance is a financial product that provides protection against potential future losses or damages in exchange for a premium payment.

Tax-Oriented Lease

A lease structured in such a way that the lessor can claim tax benefits, such as depreciation and tax credits.

Financial Lease

A type of lease where the lessee pays for an asset over a period of time, and at the end of the lease term the asset typically becomes the lessee's property.