Consumers Need Information to Make Good Choices

question 86

Multiple Choice

Consumers need information to make good choices.In the context of this information,which of the following is correct?

• A)Advertising is always harmful to consumers.
• B)Information is scarce and therefore valuable.
• C)Brand names offer no informational content.
• D)Acquiring more information is always rational.
• E)Marginal analysis does not apply to the acquisition of information.

---

Definitions:

Hormones

Chemical messengers produced by glands in the body that regulate various functions, including growth, metabolism, and reproduction.

Genitals

The external and internal organs of reproduction, including the penis, vulva, ovaries, and testicles, involved in sexual reproduction and pleasure.

Gonads

The reproductive organs in animals and humans that produce gametes; in males, the testes and in females, the ovaries.

Gender Schema

A cognitive theory that explains how individuals become gendered in society and how sex-linked characteristics are maintained and transmitted to other members of a culture.