Emily goes to the grocery store to buy a few items for an upcoming birthday party she is throwing. While waiting in the checkout line, she sees a magazine with an article about her favorite actress. She ends up buying it, along with her other items. This magazine is an example of a(n) ________ product.

Convenience products are a type of consumer good that is easily accessible to the consumer and does not require much comparison between brands. In turn, these types of assets can be classified as current, emergency and impulse assets.

Consumer goods are those acquired by the final consumer directly for use, such as clothes, cars, magazines, etc. These goods are classified into four categories: convenience, comparison, specialty and unwanted products.

adioabiola adioabiola · Answer 2 · 2020-03-08T03:16:39+01:00

Answer: Convenience product

Explanation:

The magazine is an example of convenience products.

Convenience products are products consumers purchase often without any effort. Convenience products are usually low in price which makes them more affordable. Producers of convenience products have to sell a large quantity of the product due to its low price in order to maximize Profit.

Convenience goods are purchased with or without prior planning. They are readily available in different sales outlet. Examples of convenience products are sugar, sweet, magazine etc.