The Following Are Examples of Variety-Seeking Behaviour Except

question 46

Multiple Choice

The following are examples of variety-seeking behaviour except:

• A) exploratory purchase behaviour.
• B) vicarious exploration.
• C) use-innovativeness.
• D) re-purchase behaviour.

---

Definitions:

English Auction

A type of auction in which prices start low and bid up by participants until no higher bids are offered.

Willingness To Pay

The maximum amount an individual is prepared to spend to acquire a good or service or avoid something undesirable.

Expected Revenue

The average amount of money a company anticipates receiving over a specific period based on probable sales or services provided.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.