Consumer Preferences

question 59

Multiple Choice

Consumer preferences

• A)do not vary from one consumer to another
• B)have little to do with personal tastes and income
• C)are not influenced by the utility of goods
• D)are individual evaluations of goods and services
• E)can be objectively measured and compared across individuals

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Definitions:

Platforms

Digital or physical frameworks that support the creation and exchange of content, services, or products.

Consumption Community

A group of people who share similar consumption habits or preferences, often forming social bonds and community identities around particular brands or products.

Lurker

An individual who observes or reads discussions on online platforms or forums without actively participating or contributing.

Soccer Enthusiasts

Individuals who show a strong interest or passion towards soccer, either as spectators, players, or followers of the sport.