A(n) ___________________ _ occurs when the observed effects are due to awareness of the treatments rather an a genuine response to the treatments.
Fill in the blank(s) with correct word
Question 2
Scott, a young professional, buys a new BMW, even though a Mercedes would have cost him less. Scott values the BMW brand. This is an example of
a. a status symbol.
b. a market segment.
c. paying a premium price.
d. predictability in quality.