Question

ss2500_economics_2439893
fundamental economic concepts: personal finance
read the scenario.
yuri has $100 to spend at the store. he spots a pair of designer jeans with a $98 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 $98 pair.
what is most likely yuri’s motivation behind buying the pricier pair?
confused sense of needs and wants
conspicuous consumption
greedy spending
emotional spending

Explanation:

Conspicuous consumption refers to buying goods to display wealth or status. Yuri chooses the pricier designer jeans over more affordable options, likely to show status (e.g., designer label). "Confused needs/wants" implies mix-up (not here, he knows options), "greedy spending" is excessive accumulation (not buying multiple), "emotional spending" is impulse/feeling (not indicated here). So conspicuous consumption fits.

Answer:

B. conspicuous consumption (assuming the second option is labeled B; if labels differ, adjust, but the correct option is "conspicuous consumption")