Examlex
_____ is the first step in _____.
Consumer Income
The total amount of income available to an individual or household for spending, saving, or investment after taxes.
Availability
The degree to which a product or service can be purchased or accessed by consumers at a given time.
Consumer Tastes
Preferences and likings of consumers that influence their purchasing decisions and are shaped by cultural, social, and individual factors.
Close Substitutes
Products or services that can easily replace each other in the eyes of the consumer due to their similarities in function or utility.
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