According to the VALS™ Framework,consumers Driven by Knowledge and Principles

question 37

Multiple Choice

According to the VALS™ framework,consumers driven by knowledge and principles are motivated primarily by _____.

• A)ideals
• B)achievement
• C)self-expression
• D)success

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Definitions:

Budget Constraint

The limit on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Budget Constraint

A representation of all the combinations of goods and services a consumer can afford, given their income and the prices of goods.

Bell Pepper

A type of sweet pepper that comes in various colors including red, green, and yellow, often used in cooking for its mild flavor.

Black Beans

A type of legume that is dark in color and rich in protein, often used in various cuisines around the world for their nutritional benefits and versatile uses in cooking.