Collaborative consumption is when people get together to ... a. find the best prices on products. b. exchange reviews on services and goods they have purchased. c. fight diseases of the respiratory tract. d. increase the use of a single product by sharing access to it.

Question

Social Studies

Gregory Kidd

14 February, 21:30

Collaborative consumption is when people get together to ... a. find the best prices on products. b. exchange reviews on services and goods they have purchased. c. fight diseases of the respiratory tract. d. increase the use of a single product by sharing access to it.

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Answers (1)

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Dominique Lang · Answer 1

The correct answer is option d.

Explanation:

Collaborative consumption is referred to as the situation in which the use of a single product is increased through sharing access to it. It is a form of sharing.

In other words, we can say it is the shared use of a good or service by a group. It differs from the normal consumption in the way that the cost of goods or services is not borne by a single individual but shared by the group. This lowers the cost of a single person and makes the product more accessible to all.