Frank purchases snickle-dees only because his friends do. This is a

Name: Frank purchases snickle-dees only because his friends do. This is a
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Frank's behavior is an example of positive market feedback because his purchase decision is influenced by the actions of his friends, suggesting that the more people buy snickle-dees, the more others are inclined to do the same. This creates a cycle of increasing product popularity and demand.

Frank Purchases Snickle-Dees Only Because His Friends Do