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Question
Search tends to decrease as a consumer's level of education and income increases.Answer
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Which of the following statements is true about the amount of search performed by consumers during decision making?
a. Search tends to decrease as a consumer's level of education and income increases.
b. When searching costs are greater than the benefits of the search process, consumers no longer value the activity and search stops.
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c. consumers who believe in conspicuous consumption to gain entry into a class.
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