What May Be the Seventh Reason Why Consumers Shop and Buy

question 35

Multiple Choice

What may be the seventh reason why consumers shop and buy online?

• A)bots
• B)buzz
• C)spam
• D)cookies
• E)interstitials

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Definitions:

Utility Function

A mathematical representation of how different quantities of goods or services translate into levels of happiness or satisfaction for an individual or society.

Utility Function

A mathematical representation that assigns a value to every possible choice to indicate the level of satisfaction or utility that choice provides to a consumer.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specified period of time.

Income

Remuneration obtained regularly through employment or investment activities.