Research has shown that shoppers who purchase garments in a "luxury" material, such as cashmere or angora, are likely to purchase garments in more than one other luxury materials, as well. A recent livestock disease has significantly reduced the amount of cashmere available on the market. This, in turn, has driven up the prices of the cashmere products still available for purchase. We can therefore conclude that more people will be buying angora items of clothing this year than they did in previous years.
Which of the following, if true, best supports the claim that more people will be buying angora clothing this year?
A) Any disease that affects a bovid such as the cashmere goat is unlikely to cross the biological order line and affect lagomorphs such as the angora rabbit.
B) Most consumers cannot tell the difference between cashmere and angora, which are both expensive and similar in texture.
C) When the price of one luxury item sharply rises, many other luxury items see a slight increase in price.
D) In a recent study, shoppers who had recently purchased a garment in a luxury material cited similar reasons for buying angora as buying cashmere.
E) The sales of luxury items are far less sensitive to price fluctuations than are most inexpensive staple items.
Research has shown that shoppers who purchase garments in a
This topic has expert replies
- Posts: 7114
- Joined: Thu Sep 07, 2017 4:43 pm
- Followed by:23 members
• Page 1 of 1