Coffee, potato chips, newspapers, bread, and AA batteries are examples of ________, while stereos and tires are examples of ________.

Question

Quizplus · Accepted Answer

Coffee, potato chips, newspapers, bread, and AA batteries are convenience goods, which are inexpensive items that consumers purchase frequently and with minimal effort, such as in a grocery store. On the other hand, stereos and tires are shopping goods, which are more expensive items that require more research and effort in the purchasing process, such as comparison shopping and careful consideration.

Coffee, Potato Chips, Newspapers, Bread, and AA Batteries Are Examples