The fear of physical harm,the size of financial outlay required to buy the product,product performance,and even the lack of approval of friends are can all contribute to
A)consumer angst.
B)cognitive dissonance.
C)purchase anxiety.
D)perceived risk.
E)consumer cynicism.

Question

Quizplus · Accepted Answer

Perceived risk is the fear of physical harm, the size of financial outlay required to buy the product, and product performance, which can contribute to purchase anxiety or consumer angst. This psychological concept affects consumers' purchase decision-making process and can lead to uncertainty and hesitation before making a purchase.

The Fear of Physical Harm,the Size of Financial Outlay Required