Which of the following factors should not be considered by a buyer before purchase:
a. Price affordability;
b. Identification of other buyers;
c. attributes of the goods;
d. attributes of the commodity possessed by the neighbor
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Answer D
attributes of the commodity possessed by the neighbour should never be the factor for purchasing
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attributes of the commodity possessed by the neighbour should never be the factor for purchasing
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anurag4050:
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Attributes of the commodity possessed by the neighbour is a factor which a purchaser does not need to consider before making a certain purchase.
When a purchase decision is made, a potential buyer considers the price of the good, their affordability, other buyer offers and the attributes of the product.
All these factors are necessary to compare the value the product will be given if purchased. There is no role of a good being used by the neighbour as experiences are highly individualistic in nature.
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