Groups That Serve as Direct (Face-To-Face)or Indirect Points of Comparison

question 5

Multiple Choice

Groups that serve as direct (face-to-face) or indirect points of comparison or reference in forming a person's attitudes or behaviour are called ________.

• A)membership groups
• B)aspirational groups
• C)adopter categories
• D)reference groups
• E)social class groups

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Definitions:

Price

The price in terms of money anticipated, needed, or given for purchasing something.

Supply

Supply is the total amount of a good or service available to consumers, often influenced by price, production costs, and market demand.

Quantity

The amount or number of a material or immaterial good considered as a unit or in total.

Technological Advance

Improvements in technology that increase productivity and efficiency, often leading to economic growth and new product development.