Author Question: _____ is the consumer behavior of buying products or services to offset frustrations or difficulties ... (Read 25 times)

tiffannnnyyyyyy · **on:** Jun 29, 2018

_____ is the consumer behavior of buying products or services to offset frustrations or difficulties in life.
A) Conspicuous waste
B) Parody display
C) Fraudulent symbolism
D) Compensatory consumption
E) Status float

Question 2

Which of the following is not an argument for protectionism?
a. The market has excess productive capacity.
b. The industry is an infant industry.
c. Natural resources need to be conserved.
d. Foreign trade zones exist in the market.

jlaineee · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

D
Foreign trade zones may be a way to get around some protectionistic measures, but their existence is not an argument for protectionism. The other choices are frequently used as arguments for protectionism. This may be found in the Arguments For Protectionism section (3-1).