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Saresh owns the Change-ezz, a salon specializing in the unique hair needs of minority populations. Recently, Saresh has been trying to improve the quality of service received by his customers. However, he has experienced difficulty in finding ways to standardize and control the salon's quality of service. Saresh's problem illustrates which of the following unique features of service?
Consumption
The use of goods and services by households; an economic activity that represents spending by consumers.
Average Propensity
The ratio of total consumption to total income, indicating the average tendency of consumers to spend their income.
Disposable Income
Net pay after taxes and other deductions, available for spending, saving, or investment.
Consumption
The utilization of products and services by families.
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