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Because Laurence Did Not Know Companies Actually Sold Pet Insurance

Question 1

Multiple Choice

Because Laurence did not know companies actually sold pet insurance so that owners could pay for operations on their pets in the event of a sickness or accident,he paid almost $4,000 to have his dog's broken hip replaced.Once he discovered such a product existed,he perceived the insurance to be a(n) :


A) heterogeneous shopping product
B) diffusion
C) market laggard
D) product diversification
E) innovation

Correct Answer:

verifed

Verified

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