Noncash gifts
A)increase the utility of recipients by introducing them to products they have not consumed before.
B)reduce recipient utility relative to a cash gift because noncash gifts often fail to match recipient preferences.
C)entail as much utility as do cash gifts.
D)increase the utility of recipients because many people are uncertain of their own preferences.

Question

Quizplus · Accepted Answer

Noncash gifts often fail to match recipient preferences as closely as cash would, leading to a potential reduction in utility for the recipient compared to what they could have achieved by purchasing something of their own choice with cash.

Noncash Gifts