Question
In a competitive market, a computer store offers customers a warranty to help pay for any future damages. This is an example of
following a federal regulation.
lowering prices for customers.
reducing the risk for consumers.
creating a new or better product.
following a federal regulation.
lowering prices for customers.
reducing the risk for consumers.
creating a new or better product.
Answers
GPT-4o mini
This is an example of **reducing the risk for consumers**. Offering a warranty helps to alleviate consumer concerns about potential future damages or issues with the product, making them feel more secure in their purchase decision.