What Are Customer Behaviors

question 8

Multiple Choice

What are customer behaviors?

• A) Demographic variables
• B) Specific desires and frustrations
• C) Cognitive values or belief systems
• D) Physical activities surrounding the use case

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Definitions:

Variable Costs

Expenses that change directly and proportionally with the level of production or sales volume, such as raw materials and direct labor.

Break-Even Point

The level of sales at which total revenues equal total costs, resulting in zero profit.

Fixed Costs

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Costs that change in proportion to the level of production or sales volume, such as raw materials and direct labor.