Which of the Following Does Not Explain Why Consumers Buy

question 133

Multiple Choice

Which of the following does not explain why consumers buy products that many other consumers are already buying?

• A)technology
• B)the satisfaction people derive by being viewed as "fashionable"
• C)cost-effective way to gather information about a product
• D)differences in tastes and preferences

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Definitions:

President

typically refers to the elected head of a republic, the leader of an organization, company, club, or other entity.

Chapter 13

A chapter under the United States Bankruptcy Code, allowing individuals earning a regular income to develop a plan to repay all or part of their debts.

Unsecured Creditor

A creditor who extended credit without requiring specific collateral, and thus ranks behind secured creditors in claiming repayment in the event of debtor insolvency.

Chapter 7 Liquidations

A bankruptcy process where a debtor's assets are liquidated or sold off by a trustee to pay off creditors, leading to the discharge of remaining debts.