Product churn feeds conspicuous consumption through the force and vagaries of:
A) Technology and fashion
B) Resource scarcity
C) Operational performance
D) Production and service efficiencies
E) Process innovation

Question

Quizplus · Accepted Answer

Product churn is driven by the need for consumers to constantly have the latest and greatest technology and fashion items. This creates a culture of conspicuous consumption, where individuals are willing to consistently upgrade their products in order to keep up with trends and maintain a certain status.

Product Churn Feeds Conspicuous Consumption Through the Force and Vagaries