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The __________ Effect Occurs When a Buyer's Preference for a Product

question 84

Multiple Choice

The __________ effect occurs when a buyer's preference for a product increases as the number of people buying it increases.


Definitions:

Jay Gubrium

A sociologist recognized for his work in qualitative research and studies in aging and life storytelling.

Propinquity

The tendency to partner with people who live close by.

Propinquity

A concept in social psychology referring to the physical or psychological proximity between people, which can affect their likelihood of forming relationships.

Propinquity

The state of being close to someone or something; proximity; it often influences personal relationships and social interactions.

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