If We Accept "Consumer Satisfaction" as the Objective of Our

question 189

Multiple Choice

If we accept "consumer satisfaction" as the objective of our MACRO-marketing system, this means that:

• A) each consumer should decide how best to satisfy his or her own wants.
• B) government planners should choose the kinds of products to be produced.
• C) "home economists" will be the best judges of what should be produced.
• D) not every consumer should be allowed to decide his or her own wants.
• E) consumer educators should choose what products should be produced.

---

Definitions:

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.

Contract

A binding contract that is legally enforceable, created between at least two parties.

Fraudulent

Acts that are intentionally deceitful or dishonest, typically for personal gain or to cause a loss to another.

Rescission

The cancellation of a contract to return the parties to their positions before the contract was made.