A consumer is ________ likely to be sensitive to price if the purchase ________ covered by insurance.
A) more; is
B) less; is
C) less; is not
D) None of the answers is correct.

Name: A consumer is ________ likely to be sensitive to price if the purchase ________ covered by insurance. A) more; is B) less; is C) less; is not D) None of the answers is correct.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

When a purchase is covered by insurance, consumers are less sensitive to price because they are not directly bearing the full cost.

A Consumer Is ________ Likely to Be Sensitive to Price