Which of the Following Is the Best Example of a Convenience

question 158

Multiple Choice

Which of the following is the best example of a convenience product?

• A) an alarm clock purchased by an individual who wants to always be punctual
• B) a cup of coffee purchased on the way to work
• C) a $39.95 rose bush for the front yard of a new home
• D) sheets that match the new guest room wallpaper
• E) a new mattress

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Definitions:

Bitcoin Currency

A decentralized digital currency without a central bank or single administrator, which can be sent from user to user on the peer-to-peer bitcoin network.

No Government

A situation or theoretical scenario where there is an absence of government and its governing bodies in a society.

GDP per Capita

GDP per capita is a measure that divides a country's gross domestic product by its population, reflecting the average economic output per person.

Command Economy

An economic system where the government makes all decisions on the production and consumption of goods and services.