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

Question

Quizplus · Accepted Answer

Deficient products provide low immediate satisfaction (due to their poor quality or lack of desired features) and low long-run consumer welfare (due to the need for repair or replacement), making them a poor choice for consumers. Pleasing products provide high immediate satisfaction but may not always lead to long-term consumer welfare. Desirable products provide high immediate satisfaction and high long-term consumer welfare. Salutary products may provide low immediate satisfaction (such as healthy but less tasty food) but high long-term consumer welfare, making them a good choice for consumers in the long run.

Which of the Following Provides Low Immediate Satisfaction and Low