What is the common feature displayed by the following items?
a. eating at a newly opened "fusion" cuisine restaurant
b. attending a Red Sox game in Fenway Park
c. wearing Lucky Brand designer jeans
A) They are all highly inelastic goods.
B) The consumption of these goods takes place privately.
C) The consumption of these goods takes place publicly.
D) They tend to be consumed by better educated people.

Question

What is the common feature displayed by the following items? 
a. eating at a newly opened "fusion" cuisine restaurant
b. attending a Red Sox game in Fenway Park
c. wearing Lucky Brand designer jeans
A) They are all highly inelastic goods.
B) The consumption of these goods takes place privately.
C) The consumption of these goods takes place publicly.
D) They tend to be consumed by better educated people.

Quizplus · Accepted Answer

These activities are typically consumed or experienced in public settings where others can observe them.

What Is the Common Feature Displayed by the Following Items