Consumers generally consider the process of learning about the efficiency and durability of various brands of refrigerators _____

Question

Quizplus · Accepted Answer

Learning about the efficiency and durability of various brands of refrigerators requires time and effort on the part of the consumer, making it a type of nonmarket work. While it is necessary for consumers to make informed purchasing decisions, it is not a vocation and is not costless, as it may involve travel, research, and time spent comparing options. It is not irrational or unproductive to research products before making a purchase.

Consumers Generally Consider the Process of Learning About the Efficiency