A major distinguishing characteristic of consumer convenience products is that O the consumer is willing to make a special effort to buy them. O they are often costly and bear well-known brand names. the consumer usually does a great deal of comparative shopping prior to making the purchase. the products are usually exclusive brands and have full warranties. O they are usually inexpensive and available in many locations.
A major distinguishing characteristic of consumer convenience products is that O the consumer is willing to make a special effort to buy them. O they are often costly and bear well-known brand names. the consumer usually does a great deal of comparative shopping prior to making the purchase. the products are usually exclusive brands and have full warranties. O they are usually inexpensive and available in many locations.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:A major distinguishing characteristic of consumer convenience products is that
the consumer is willing to make a special effort to buy them.
O they are often costly and bear well-known brand names.
O the consumer usually does a great deal of comparative shopping prior to making the purchase.
the products are usually exclusive brands and have full warranties.
O they are usually inexpensive and available in many locations.
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