Which of the Following Statements Is True of Determinant Attributes

question 38

Multiple Choice

Which of the following statements is true of determinant attributes?

• A)It refers to the set of criteria that consumers use consciously or subconsciously to evaluate alternatives and trade off one characteristic against another, such that good characteristics compensate for bad ones.
• B)It refers to the set of criteria that consumers use consciously or subconsciously to choose a product or service on the basis of a subset of its characteristics, regardless of the values of its other attributes.
• C)It refers to the mental state that occurs when individuals feel completely satisfied with their lives and how they live.
• D)It refers to the mental shortcuts that help consumers narrow down their choices during purchase.
• E)It refers to the product or service features that are important to buyers and on which competing brands or stores are perceived to differ.

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Definitions:

SEC

The U.S. Securities and Exchange Commission (SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation.

Banks

Financial institutions that accept deposits from the public, offer various financial services, including loans, and ensure economic stability and growth.

U.S. Financial System

The complex of institutions, including banks, securities markets, and regulatory agencies, that facilitate the flow of capital and financial services in the United States.

Central Bank

The primary institution responsible for managing a country's currency, money supply, and interest rates, with a role often including acting as the lender of last resort.