Which of the Following Factors Is Always Present in Consumer

question 93

Multiple Choice

Which of the following factors is always present in consumer decision making?

• A)taxes 
• B)high prices 
• C)scarcity 
• D)changing consumer tastes 
• E)cost-of-living adjustments to income

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Definitions:

Mutual Fund

An investment program funded by shareholders that trades in diversified holdings and is professionally managed.

Annual Management Fee

A charge by investment managers for managing assets, calculated as a percentage of the total assets under management annually.

Overtime Wages

Additional compensation paid to employees for hours worked beyond the standard working hours, typically at a higher rate.

Hourly Rate

The total compensation or income received per hour of employment.