Asked by Colin dunkley on Apr 29, 2024
Verified
To induce consumers to buy LED bulbs instead of incandescent bulbs, one strategy would be to:
A) describe the advantages of LED bulbs over incandescent bulbs.
B) display LED bulbs prominently but make incandescent bulbs less visible.
C) make incandescent bulbs available only upon request.
D) all of the above
LED Bulbs
Light-emitting diode bulbs that use semiconductor technology to produce light, known for their energy efficiency and long lifespan compared to traditional bulbs.
Incandescent Bulbs
Electric light bulbs that produce light by heating a filament wire to a high temperature until it glows, known for their warm light but lower energy efficiency.
Induce Consumers
Actions or strategies by businesses designed to encourage or persuade consumers to purchase goods and services.
- Illustrate the role of moral persuasion and behavioral nudges in influencing consumer behavior and policy outcomes.
Verified Answer
Learning Objectives
- Illustrate the role of moral persuasion and behavioral nudges in influencing consumer behavior and policy outcomes.
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