Louis Expects Visit Variety Retailers Websites Compare Features Quality Prices Different S Q34263510

Louis expects to visit a variety of retailers and websites tocompare features, quality, and prices of different speakerequipment brands. This behavior indicates that for Louis a speakersystem is a shopping good.

T/F

Expert Answer

The correct answer is true.

According to Copeland (1924) thereare three classifications of consumer goods:

1. Convenience goods:Goods purchased for daily needs i.e. intended for immediateuse.
2. Shopping goods:Goods which needs a comparison in price and quality as the user isnot very much aware of the product itself and features of productsoffered by different brands.
3. Emergency goods:Goods required for emergency purposes.

In this case Louis matches