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What Are the Three Properties of Goods and Services Evaluated

question 15

Essay

What are the three properties of goods and services evaluated by consumers when they are making a purchase decision? Give an example of a product, which exhibits each property.


Definitions:

Medication Adherence

The extent to which a person's behavior in taking medication corresponds with agreed recommendations from a healthcare provider.

Future Behaviors

Predicted actions or conduct that an individual will exhibit in the future.

Predict Intentions

The psychological process of inferring the future actions or decisions of others based on observed behavior or information.

Medical Advice

Recommendations or guidance on health-related matters provided by qualified healthcare professionals.

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