Question

Bang & Olufsen make some of the best sound systems in the world. After years of development, Bang & Olufsen recently released its new BeoLab 5 speakers. For audiophiles who demand the best in audio equipment, the $19,950 Bang & Olufsen BeoLab 5 speakers represent an example of a(n) _____ product.a. heterogeneous shoppingb. specialtyc. homogeneous shoppingd. conveniencee. exclusive

Answer 1

Answer:

Specialty product.

Explanation:

These are products that customers do everything they can to purchase them because they have special features that are appealing to the consumers or as a sign of loyalty to a particular brand. With such products, customers will not accept the idea of going for a substitute good. Examples of such goods includes luxury cars, high fashion clothing, a shoe brand etc.