If Harley-Davidson only produces enough motorcycles to satisfy 70% of market demand, they are appealing to a psychological principle known as:

A) scarcity.
B) denial.
C) authority.
D) consensus.

Question

If Harley-Davidson only produces enough motorcycles to satisfy 70% of market demand, they are appealing to a psychological principle known as:A)  scarcity.B)  denial.C)  authority.D)  consensus.

Lukighe kissu · Accepted Answer

Final Answer : A, Explanation :  Scarcity is a psychological principle that suggests items that are less available are perceived as more valuable. By producing motorcycles that do not fully meet market demand, Harley-Davidson is leveraging scarcity to increase perceived value.

If Harley-Davidson only produces enough motorcycles to satisfy 70% of market demand, they are appealing to a psychological principle known as:

A) scarcity.
B) denial.
C) authority.
D) consensus.

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