23. Which of the following represents the tendency for consumers to focus on maximizing what is
received from a transaction as compared to what is given?
24. In which of the following instances does value consciousness occur?
When consumers display a tendency to retain control and ownership over possessions
When consumers reduce their material consumption
When consumers flaunt their material possessions as a way of displaying their social class
When consumers engage in bargaining behaviors when making purchases
When consumers pay close attention to the resources that they devote to transactions and
to the benefits that they receive
25. Danielle is a very careful shopper, and is keen on maximizing the value of every transaction she
makes. She uses coupons whenever possible, and purchases items on sale to save money. However,
she is likely to pay more for a product if she thinks that it is the best one to meet her or her family’s
needs. Which consumer behavior trait does Danielle display?
26. _____ refers to the extent to which material goods are important in a consumer’s life.
27. Some consumers tend to be very possessive about their possessions, and may not be willing to share
them with others. Which trait does this best describe?