The Aging of the U

question 56

Multiple Choice

The aging of the U.S.population has tended to ________ spending on health care, and the development of new drugs and medical equipment has tended to ________ spending on health care.

Definitions:

Unsought Product

A type of product that consumers do not actively seek out to buy, often requiring significant marketing efforts.

Infrequent Purchases

Transactions that occur on an irregular basis, typically involving goods or services that are not bought regularly.

Limited Distribution

A strategy where a product is deliberately distributed to a limited number of outlets or locations to maintain exclusivity or control over the brand image.

Specialty Product

A unique or high-end product that consumers purchase less frequently and are often willing to invest time and effort into buying.