Which of the following is the total collection of all possible solutions to a consumer problem?
A) infinite set
B) universal set
C) consideration set
D) total set

Question

Quizplus · Accepted Answer

The total collection of all possible solutions to a consumer problem is known as the universal set, which includes all the possible choices that a consumer can make. Therefore, option B (universal set) is the correct answer. Option A (infinite set) is incorrect because the set may not necessarily be infinite. Option C (consideration set) is incorrect because it only includes the alternatives that the consumer is currently considering. Option D (total set) is not a commonly used term in consumer decision-making theory.

Which of the Following Is the Total Collection of All