Marissa, a College Student and Her Father, a Wealthy Businessman

Marissa, a college student and her father, a wealthy businessman, were each considering the purchase of a new automobile. As a college student with limited Financial resources, Marissa went from car dealer to car dealer in several different Cities searching for the lowest price on a new economy car. She devoted a great deal of time and energy to getting the best value for her money. Marissa's father, however, Knew that he would buy another new car next year. Because it was convenient, he simply went to the local auto dealer and, with little thought or effort regarding the Buying decision, bought the first luxury car that he saw. For Marissa, an automobile was a ________; for her father, a car was a __________.

A) convenience good; specialty good
B) shopping good; convenience good
C) specialty good; shopping good
D) specialty good; convenience good

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free