Customer Benefits Include Time and Effort

question 80

True/False

Customer benefits include time and effort.

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Definitions:

Disposable Income

The total funds available to households for saving and spending after subtracting income taxes.

Necessities

Items or services that are essential for basic human survival and functioning, such as food, water, and shelter.

Gross Income

The total revenue generated from sales or services before any deductions are made for expenses.

Inflation

A general increase in prices and fall in the purchasing value of money.