In the design of a certain high-end product, a component material that was used came from a cheap source. What do you think is its effect on the consumer? a. The consumer is still getting a quality product eventhough there are cheap parts. The overall product is still good. b. A good deal on the consumer since the part was sourced cheaply. Oc. It is a high investment but low maintenance product. The cheap part will not affect the product's durability. Od. A high maintenance cost on an otherwise high-end product due to the cost of repair during the product's service life.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 12AA
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In the design of a certain high-end product, a component material that was used
came from a cheap source. What do you think is its effect on the consumer?
a. The consumer is still getting a quality product eventhough there are cheap
parts. The overall product is still good.
b. A good deal on the consumer since the part was sourced cheaply.
Oc. It is a high investment but low maintenance product. The cheap part will
not affect the product's durability.
Od. A high maintenance cost on an otherwise high-end product due to the cost
of repair during the product's service life.
Transcribed Image Text:In the design of a certain high-end product, a component material that was used came from a cheap source. What do you think is its effect on the consumer? a. The consumer is still getting a quality product eventhough there are cheap parts. The overall product is still good. b. A good deal on the consumer since the part was sourced cheaply. Oc. It is a high investment but low maintenance product. The cheap part will not affect the product's durability. Od. A high maintenance cost on an otherwise high-end product due to the cost of repair during the product's service life.
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