Question: Read the article Why some Emiratis buy counterfeit goods when they could afford the genuine product. https://www.thenational.ae/business/why-some-emiratis.. 1) Explain the irrational behavior of UAE consumers.

Read the article "Why some Emiratis buy counterfeit goods when they could afford the genuine product". https://www.thenational.ae/business/why-some-emiratis..

1) Explain the “irrational behavior” of UAE consumers.

2) How do the terms “A-grade fake”, “AAA copy”, and “copy number 1” relate to prestige products and purchasing decisions of wealthy customers?

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1 The explanation could be that they do not consider such purchases to be risky as long as there is ... View full answer

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