Which of the following statements best represents the attitude of a consumer with a very elastic demand for golf clubs?
A)"The set of clubs that professional golfer Arnold Palmer use,are what I'll be swinging when I hit the golf course."
B)"I'm generally pretty frugal,but I need all the help I can get when I meet with my weekly foursome.If one brand can give me an edge,the extra money is well spent."
C)"I buy the brand of clubs I've used all my life.They've been good to me,so why would I even consider a bargain set of clubs?"
D)"One golf club is as good as the next.It's the player not the club,so I don't get wrapped up in buying one brand of clubs over another."

Question

Quizplus · Accepted Answer

A consumer with a very elastic demand for golf clubs is highly sensitive to changes in price and perceives golf clubs as easily substitutable. The statement "One golf club is as good as the next. It's the player, not the club, so I don't get wrapped up in buying one brand of clubs over another." reflects this attitude, indicating a willingness to switch brands based on price or other factors, rather than loyalty to a specific brand or perception of significant differences between brands.

Which of the Following Statements Best Represents the Attitude of a Consumer