Warranties are important for products
A) that are relatively inexpensive.
B) that are frequently purchased.
C) that are relatively complex to repair.
D) regardless of how they are positioned in the market.

Question

Quizplus · Accepted Answer

Warranties are important for products that are relatively complex to repair because it gives the consumer peace of mind knowing that if something does go wrong, they will not have to incur additional costs for repairs. Additionally, it can also serve as a selling point for the product, especially if the warranty is longer than what is typically offered by competitors.

Warranties Are Important for Products