An Item Is Called a Dependent Demand Item Because Demand

question 55

True/False

An item is called a dependent demand item because demand is dependent on customer preferences.

---

Definitions:

Characteristic Thoughts

The habitual patterns or types of thinking that are typical of an individual's cognitive processes.

Habit

A repetitive behavior that an individual performs regularly, often without much conscious thought.

Pleasure Principle

In psychoanalytic theory, it is the driving force of the id that seeks immediate gratification of all desires, wants, and needs.

Guilt/Pride Principle

Refers to the internal motivators of guilt and pride that can encourage conformity to social norms and personal standards.