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

Question

Quizplus · Accepted Answer

Pleasing products might provide high immediate satisfaction, but they may not be beneficial in the long run. For example, junk food provides immediate satisfaction, but their consumption in the long run can lead to health problems, reducing consumer welfare.

Which of the Following Provides High Immediate Satisfaction but Low