Steve and Don are neighbours who work at the same firm and hold the same title.Steve finds that when Don's consumption rises,he feels worse off.Don feels the same way towards Steve's consumption.
-Refer to the information above.Suppose that Don buys a new Lexus.It would not be surprising to then observe Steve
A) buying a new luxury car.
B) washing his current car.
C) being left unaffected by Don's purchase.
D) scratching Don's new Lexus at night.
E) congratulating Don on his new car.

Question

Quizplus · Accepted Answer

Since Steve feels worse off when Don's consumption rises, it is likely that he will also want to improve his own consumption by buying a new luxury car to match Don's. Therefore, it would not be surprising to observe Steve buying a new luxury car.

Steve and Don Are Neighbours Who Work at the Same