In a Capitalist Society, Consumers Signal What Products They Want

question 1

True/False

In a capitalist society, consumers signal what products they want by their demands.

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Definitions:

Convenience

Refers to the ease with which a product or service can be used or obtained by consumers.

Meal-delivery Service

A service that prepares and delivers meals to customers' doors, commonly ordered via a website or smartphone app.

Buyer Requirement

The specific criteria and needs that shoppers look for when purchasing a product or service.

Internet

A vast network of computers connected globally, facilitating data exchange and communication.