Of the following products, which one would typically carry high psychological risk for the average consumer?
A)A lawn mower
B)A kitchen blender
C)An expensive mink coat
D)A family vacation to a theme park

Question

Quizplus · Accepted Answer

An expensive mink coat is a luxury item that can come with a high price tag, and purchasing it can carry a significant psychological risk for the average consumer due to the fear of making an expensive mistake. The purchase of a luxury item like a mink coat can be heavily influenced by social pressures and personal values, making it a product with high psychological risk. The other options, such as a lawn mower, kitchen blender, or family vacation, are more common and less emotionally charged purchases that typically carry less psychological risk.

Of the Following Products, Which One Would Typically Carry High