Which of the following scenarios shows a person purchasing convenience goods?
Question 8 options:
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Answer : Joshua buys a loaf of bread while shopping for provisions in a grocery store.
Convenience goods are goods which the consumers tend to buy with minimal thought or effort and are widely available. They normally cost much less compared to non-convenience goods.
In the given options, a loaf of bread is an example of convenience goods. Joshua need not think much about buying it and it would have cost less as well.
Goods mentioned in the other options like car, solitaire ring and white sand are non-convenience goods. They need careful consideration and deliberation before buying. All these goods also costlier and they cannot be bought as a spur of the moment decision. Hence the correct option is B
Which of the following scenarios shows a person purchasing convenience goods? Question 8 options: A) Aliyah...