Some consumers flaunt their wealth by buying expensive products and brands that others will notice-a behavior referred to as conspicuous consumption.

Name: Some consumers flaunt their wealth by buying expensive products and brands that others will notice-a behavior referred to as conspicuous consumption.
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Question

Quizplus · Accepted Answer

Conspicuous consumption is a term used to describe the act of spending money on luxury goods and services to publicly display economic power or social status.

Some Consumers Flaunt Their Wealth by Buying Expensive Products and Brands