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Question
Which of the following best describes conspicuous consumption?a. It refers to the conscious decision to reduce one's material consumption.
b. It refers to the tendency of a consumer to engage in bargaining behaviors while making purchases.
c. It refers to the tendency of a consumer to exhibit restraint while making purchase decisions and using resources.
d. It refers to the tendency of consumers to focus on maximizing what is received from a transaction as compared to what is given.
e. It refers to a tendency of the wealthy to flaunt their material possessions as a way of displaying their social class.
Answer
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