Which of the following provides high immediate satisfaction and high long-run consumer welfare?
A) Salutary products
B) Deficient products
C) Desirable products
D) Pleasing products

Question

Quizplus · Accepted Answer

Desirable products provide both immediate satisfaction and long-run consumer welfare. These products meet both the functional needs of the consumer and also provide emotional or psychological benefits, resulting in high satisfaction levels. At the same time, they are also designed to provide long-term advantages and value to the consumer, resulting in high long-run consumer welfare.

Which of the Following Provides High Immediate Satisfaction and High