Which of the Follow Issues Is Related to Consumer Behaviour

question 14

Multiple Choice

Which of the follow issues is related to consumer behaviour?

• A)Consumerism
• B)Literacy
• C)Product disposal
• D)All of the above

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price over a specific period.

Demand

The inclination and capability of buyers to acquire products and services at specified prices.

Increase

An upward movement in quantity, size, number, value, or intensity of a particular variable.

Market Demand

The total quantity of a product or service that all consumers in a market are willing and able to buy at various prices, given a period of time.