The Consumer Market Is Made Up of Which of the Following

question 99

Multiple Choice

The consumer market is made up of which of the following?

• A)individuals who acquire goods or services for personal consumption
• B)households that purchase goods or services for personal consumption
• C)businesses that purchase goods and services
• D)A and B
• E)all of the above

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Definitions:

Ultimate Causes

Fundamental reasons or principles that explain why biological traits or behaviors evolve over time through the process of natural selection.

Flexible Behavior

The ability to adapt actions and strategies in response to changing circumstances and environments.

Evolved

Underwent gradual development or change over a period of time, often in response to environmental pressures or for survival advantages.

Intelligence

The ability to learn from experience, solve problems, and use knowledge to adapt to new situations.