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Which of the Following Best Describes a Credence Good

Question 28

Multiple Choice

Which of the following best describes a credence good?


A) Products for which consumers can easily evaluate quality even after purchasing and using the product
B) Products for which consumers rely on other purchasers' experience before buying
C) Products for which consumers cannot easily evaluate quality even after purchasing and using the product
D) Products for which consumers always,or almost always,purchase with a warranty
E) None of the above

Correct Answer:

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