Which of the Following Is the Best Example of a Source

question 39

Multiple Choice

Which of the following is the best example of a source objection?

• A) "I want to buy from a more established car dealer."
• B) "I prefer to buy a used car."
• C) "I am happy with the vehicle I am currently driving."
• D) "I cannot afford a large monthly payment."
• E) "I'll get back to you later after my wife and I have decided which car we like."

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Definitions:

Scarce Supply

A situation where the availability of a product or service is limited relative to the desire or demand for it.

Market System

A market economy characterized by investment, production, and distribution decisions that are influenced by the forces of supply and demand, with the prices of goods and services being established in a system where they are allowed to fluctuate freely.

Private Ownership

The legal possession of assets, resources, or property by individuals or corporations rather than by the state or public entities.

Consumer Sovereignty

The concept that consumers' preferences and choices dictate the production and consumption of goods and services in an economy.