Gasoline would be considered a:

Question

Quizplus · Accepted Answer

Gasoline is a convenience good as it is a low-priced product that consumers buy frequently and with minimal effort. It is not an industrial good as it is not used in the production process, not a shopping good as consumers do not spend time comparing the different brands available, and not a specialty good as consumers do not specifically seek out a certain brand of gasoline unless they have a specific need for it (such as a high-performance car requiring higher octane fuel).

Gasoline Would Be Considered A