Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. Which of the following is the best example of a product with those characteristics?
A) liquor
B) cars
C) homes
D) refrigerators

Question

Quizplus · Accepted Answer

Liquor is a product that can have symbolic value, such as conveying wealth or sophistication, but typically has a lower to moderate price point compared to cars and homes. It is also a product that is often associated with social occasions and the consumption of which can signal one's social class or status.

Social Class Is a Strong Predictor of Purchases That Have