When Growing Up,Randy Was Always Being Told to Turn Off

question 28

Multiple Choice

When growing up,Randy was always being told to turn off the lights when he left the room and he copied this practice with his own children.Then Randy and Sharon and their kids moved into their custom designed home,replete with recessed energy-efficient LED lighting throughout.After a few months,turning off the lights in unoccupied rooms was no longer a family practice.Which concept would best explain this change of attitude and behaviour?

• A) future discounting
• B) Jevon's paradox
• C) competing claims
• D) economic contingency

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Definitions:

Cooling-Off Law

A regulatory measure that allows consumers a specified period of time after a purchase to cancel a transaction without penalty, typically applied to door-to-door sales and other direct sales practices.

Door-to-Door Transactions

Sales or services provided through direct visitation to a customer's home or business location, typically involving personal interaction.

Green River Ordinance

This type of ordinance protects consumers and aids local firms by making it more difficult for outside competition to enter the market.

Door-to-Door Sales

A direct sales method where salespeople visit potential customers at their homes to sell products or services.