Conspicuous consumption represents the tendency for a consumer to engage in bargaining behaviours when making purchases.

Name: Conspicuous consumption represents the tendency for a consumer to engage in bargaining behaviours when making purchases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Conspicuous consumption is actually the opposite of bargaining behavior. It is the act of spending money on luxury goods and services in order to display social status or wealth, often without regard to practical need or value.

Conspicuous Consumption Represents the Tendency for a Consumer to Engage