Which of the Following Is an External Influence on Consumer

question 11

Multiple Choice

Which of the following is an external influence on consumer value?

• A) Personal values
• B) Attitude
• C) Needs
• D) Perception
• E) Reference groups

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Definitions:

Private Schools

Schools that operate independently of the public school system, often funded through tuition fees, private contributions, and endowments.

Public School

A school that is funded and run by the government and provides free education to students.

Budget Constraint

The limit on the consumption bundles that a consumer can afford given the prices of goods and the consumer's income.

Hot Dogs

A type of cooked sausage, traditionally grilled or steamed and served in a partially sliced bun.