Sam Needed a New Pair of Bicycle Pedals as the Pedals

Multiple Choice

Sam needed a new pair of bicycle pedals as the pedals of his bicycle had cracks in them. After visiting several stores to find the right ones, he purchased a pair from a local store, All Things Sports, and was satisfied that his needs were met. Which of the following best describes the type of value Sam received?

A) Premium value
B) Utilitarian value
C) Hedonic value
D) Terminal value