_____ Is the Primary Determinant of Consumption and Is Usually

question 76

Multiple Choice

_____ is the primary determinant of consumption and is usually measured in terms of current disposable income.

• A)Household income
• B)Wealth
• C)Expectation
• D)Interest rate
• E)Tax liability

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Definitions:

Market Segment

A collection of individuals, groups, or organizations who share one or more characteristics and thus have relatively similar product needs and desires.

Small Businesses

Companies with limited revenue and number of employees, falling below certain statutory limits.

Downsizing

The reduction of a company’s workforce to lower expenses, often involving layoffs of employees as a measure to sustain or improve the business.