If an Individual Demands a Good,it Means That He or She

question 64

Multiple Choice

If an individual demands a good,it means that he or she

• A)Has a strong desire for the good.
• B)Is willing and able to purchase the good at some price.
• C)Must need the good.
• D)Prefers the good to all other choices.

---

Definitions:

Ethnographic Research

A qualitative research method that studies people in their natural environment to understand cultural phenomena.

Consumer Behavior

The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions.

Campbell Soup Company

An American processed food and snack company known for its iconic canned soups and related products.

Observational Data

Information collected through directly watching behaviors or phenomena, often used in qualitative research.