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Question
read the scenario. yun 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 yuns motivation behind buying the pricier pair? emotional spending confused sense of needs and wants greedy spending conspicuous consumption
Conspicuous consumption refers to buying expensive items to show off wealth or status. Yun chose the pricier designer jeans over getting more pairs of cheaper jeans, likely to display his status or to be seen as having good taste. Emotional spending usually relates to buying based on feelings like sadness or happiness. Greedy spending implies wanting more quantity, which isn't the case here as he chose one over multiple. A confused sense of needs and wants doesn't specifically capture the act of choosing a high - end item for status.
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conspicuous consumption