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MATCHING -Self-Conscious

question 135

Multiple Choice

MATCHING
-Self-conscious

Recognize how consumer income changes impact the demand for normal and inferior goods.
Analyze the effects of price changes on the demand for related goods.
Explain the concept of quantity demanded in market economics.
Understand the relationship between consumer expectations and demand for goods.

Definitions:

Social Marketing

The application of marketing principles to a social issue to bring about attitudinal and behavioral change among the general public or a specific population segment.

Self-actualization

The actualization of one's abilities and potential, seen as an innate motivation or requirement in every person.

Brand-loyal

Refers to consumers who consistently purchase the same brand over alternatives due to preference, satisfaction, or perceived value.

Price-sensitive

Describes consumers or markets that are highly responsive to changes in prices, where demand significantly fluctuates with price adjustments.

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