ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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economic situation
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Social classes
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Purchasing communities
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None of the above
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Detailed explanation-1: -Option B, social classes is the correct option.
Detailed explanation-2: -Question: develop on the basis of wealth, skills and power. D. Social classes. Answer: D.
Detailed explanation-3: -A consumer is someone who can make the decision whether or not to purchase an item at the store, and someone who can be influenced by marketing and advertisements. Anytime someone goes to a store and purchases a toy, shirt, beverage, or anything else, they are making that decision as a consumer.
Detailed explanation-4: -Consumer interest is nothing but willingness of consumers to purchase products and services as per their taste, need and of course pocket.
Detailed explanation-5: -Product involvement refers to a consumer’s perception of the importance or personal relevance of an item, and inuences consumer decision making.