Examlex
Which of the following is NOT an explanation for recent declines in the rate of births among teenage women?
Trialability
A characteristic of a product or service that allows potential consumers to experiment with it on a limited basis before making a purchase decision.
Free Sample
A promotional tactic in marketing where customers are given a portion of a product at no cost to stimulate trial or increase awareness.
Snob Effect
The phenomenon where the demand for a certain good increases as the perceived exclusivity or status associated with the good increases, appealing to consumers desiring social distinction.
Inverse Demand Principle
A concept in economics where the quantity demanded decreases as the price increases, illustrating the negative relationship between price and demand.
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