alisonliu2324 alisonliu2324
  • 03-01-2020
  • Business
contestada

Of the following products, which one would typically carry high psychological risk for the average consumer?

Respuesta :

jepessoa
jepessoa jepessoa
  • 04-01-2020

Answer:

an expensive mink coat

Explanation:

High psychological or perceived risk refers to the uncertainty that a consumer may have when he/she is purchasing a good or a product. Usually expensive goods carry a high perceived risk, e.g. house, boat, jewelry, car, etc.

In this case, an expensive mink coat carries high perceived risk because it is an expensive product and a customer considers the pros and cons of purchasing it.

Answer Link

Otras preguntas

WHAT IS 55 IS 40% OF WHAT NUMBER
%of 25 is 14. what percent of 20 is 11? 15 is
Plate tectonics may affect organic evolution because movement of plates may cause a change in ____. a. natural selection c. Pangaea b. the environment d. th
The most appropriate tone for an expository essay would be A. formal. B. personal. C. passionate. D. contemplative.
Central Mexico capital was Tenochtitlan built pyramids polytheistic These all describe what pre-Columbian civilization? A) Anasazi B) Aztec C) Incan D) Mayan
What's 51 correct and 9 incorrect as a fraction
What does the Latin phrase ceteris paribus mean? A. All factors change. B. Everything else remains constant. C. Supply and demand are unrelated. D. Markets fluc
What was the most highly prized fabric in China? rayon cotton silk polyester
What does accuracy mean in a dance form?
Bart ran 5000 meters from the cops and an average speed (velocity) of 6 meters/ second before he got caught. how long did he run?