An Example of a Supply Shifter Is

question 24

Multiple Choice

An example of a supply shifter is:

• A) demographic characteristics.
• B) technology.
• C) income.
• D) consumer expectations.

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Definitions:

Consumer Insights

Deep understandings about consumer behavior that inform marketing strategies and product development.

Underlying Motivations

The fundamental drives or reasons behind an individual's actions, often subconscious or not immediately apparent.

Storytelling

The art of conveying events, messages, or narratives through the use of words, images, sounds, or a combination of these elements.

Quantitative Research

A method of inquiry that involves the collection and analysis of numerical data to discover patterns, relationships, or generalizations.