Which of the following factors was probably most significant in putting an end to the designer jeans fad?
A) Prices got so high that people stopped buying designer jeans.
B) Producers failed to advertise enough to promote this new product effectively.
C) So many consumers bought designer jeans that they lost their uniqueness.
D) The quality of the product declined as more firms entered the market.
E) Supply decreased because of the energy crisis.

Question

Quizplus · Accepted Answer

The most significant factor in putting an end to the designer jeans fad was likely that so many consumers bought designer jeans that they lost their uniqueness. As the market became flooded with designer jeans, they no longer held the same appeal of exclusivity and prestige. Prices did increase, but it was likely a result of increased demand rather than the cause of the decline of the fad. There is no evidence to suggest that producers failed to advertise or that the quality of the product declined. The energy crisis may have had some impact on the availability of the jeans, but it is unlikely to have been the most significant factor.

Which of the Following Factors Was Probably Most Significant in Putting