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Hope is desperate for the new designer purse that she saw while window shopping at her local mall. She knew every girl in school would

Hope is desperate for the new designer purse that she saw while window shopping at her local mall. She knew every girl in school would covet her bag and wish to be like her. When she walked in, she whipped out her credit card, and purchased the $5,000 bag. This kind of purchasing is called: Niche consumption Conspicuous consumption O Mass consumption O Inconspicuous consumption

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