Consumers in Which Stage of the Household Life Cycle Are

question 82

Multiple Choice

Consumers in which stage of the household life cycle are over 64 years of age; are either fully or partially retired; are healthy, active, and often financially well-off; and are a big market for RVs, cruises, and second homes?

• A) single I
• B) single II
• C) empty nest I
• D) empty nest II
• E) delayed empty nest

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Definitions:

Additional Space

Extra or unused space provided beyond what is necessary.

Service Organization

A company or entity that provides services, rather than goods, to consumers or other businesses.

Critical Numbers

Values in the domain of a function where its derivative is zero or undefined, significant for finding local maxima and minima.

Alone

Being separate or isolated.