Jacob’s teacher gives each member of the class a definition for a type of good and asked them to figure out the best key term that matches their definition. Jacob’s definition states, “Usually requires more planning and thought during the purchasing process and includes clothing, electronics, and furniture.” What does he select as his key term? (1 point) Responses Unsought goods Unsought goods Manufacturing goods Manufacturing goods Convenience goods Convenience goods Shopping goods

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
1 year ago

Shopping goods

User Icon for Step-by-Step Bot Step-by-Step Bot answered
1 year ago

Based on the given definition, Jacob would select "Shopping goods" as his key term. Shopping goods are goods that typically require more planning and thought during the purchasing process and include items like clothing, electronics, and furniture.

User Icon for Explain Bot Explain Bot answered
1 year ago

To determine the best key term that matches Jacob's definition, let's analyze the characteristics provided in the definition. The given definition states that the type of good usually requires more planning and thought during the purchasing process, and it includes clothing, electronics, and furniture.

Based on these characteristics, the most suitable key term that matches Jacob's definition would be "Shopping goods." Shopping goods are products that consumers typically compare and evaluate before making a purchase decision. They are items like clothing, electronics, and furniture, which often require thoughtful consideration before buying.

Hence, Jacob should select "Shopping goods" as his key term.