QUESTION IMAGE
Question
read the scenario
yuri has $100 to spend at the store. he spots a pair of designer jeans with a $90 price tag on them but knows that he can buy three pairs of $30 jeans for about the same price. he still decides to buy the $90 pair.
what is most likely yuri’s motivation behind buying the pricier pair?
○ emotional spending
○ confused sense of needs and wants
○ greedy spending
○ conspicuous consumption
Conspicuous consumption refers to buying goods to display wealth or status. Yuri chooses the $90 designer jeans over three $30 pairs (same total cost) to show status, fitting this concept. Emotional spending is impulse due to feelings, confused needs/wants mixes needs (necessity) and wants (desire) in confusion, and greedy spending is excessive accumulation; none fit as well as conspicuous consumption here.
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D. conspicuous consumption