With respect to price,which of the following type of consumer product is most likely be very expensive?
A)convenience product
B)shopping product
C)discretionary product
D)specialty product
E)unsought product

Question

Quizplus · Accepted Answer

Specialty products are unique and high-end products that are not easily available in the market. They are usually expensive and require a significant amount of research and effort to acquire. Examples include luxury cars, high-end jewelry, and designer clothing. In contrast, convenience products are low-cost, everyday items that are readily available, and easy to purchase. Shopping products fall somewhere in between, with a moderate price range and require some effort in terms of research and comparison. Discretionary products are non-essential items that consumers choose to purchase based on their disposable income. Unsought products are products that consumers do not actively seek out, such as life insurance or funeral services.

With Respect to Price,which of the Following Type of Consumer