Preference goods are
A) convenience goods that become differentiated through branding and achieve some degree of brand loyalty
B) perceived as higher risk products by consumers, but for which they are willing to spend a greater amount of purchase effort to find and evaluate
C) goods that vary very little in terms of physical characteristics or functions
D) goods that vary significantly in terms of function, physical characteristics, and quality, and that require a physical evaluation by the buyer
Correct Answer:
Verified
Q43: Durable goods are
A) tangible products that have
Q44: Nondurable goods are
A) tangible products that have
Q45: All of the following are examples of
Q46: All of the following are examples of
Q47: Convenience goods are
A) relatively inexpensive and frequently
Q49: Shopping goods are
A) convenience goods that become
Q50: Homogeneous shopping goods are
A) convenience goods that
Q51: Heterogeneous shopping goods are
A) convenience goods that
Q52: Specialty goods are
A) convenience goods that become
Q53: Impulse goods are
A) purchased to address urgent
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