The personal likes and dislikes that make buyers more or less inclined to purchase a good are Multiple choice question. consumer preferences. always constant. always changing. producer preferences.
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- Multiple choice There is an increased consumer preference for tea. How will this impact the market for tea? Demand for tea will decrease. The quantity demanded of tea will increase. Demand for tea will increase. The quantity demanded of tea will decrease.Please answer ASAP. show your reasoning to help me understandHow would you define consumer behavior?
- Do the last part pleaseThe quantity demanded isA) the amount of a good that consumers plan to purchase at a particular price.B) independent of the price of the good.C) independent of consumers' buying plans.D) always equal to the equilibrium quantity.How has the supply and demand of a specific product affected your/your family’s purchasing decisions? What variables most affect your decision to either buy or not buy a good or service?
- The vast array of products that consumers buy can be classified on the basis of shopping habits and are broken down into four main areas. List these four main classifications of consumer goods and explain what elements are included within.Pick three products you use every day (in school, at work, or for pleasure—perhaps one of each). Determine what phase of the product life cycle each is in. Evaluate the marketer’s strategy (product, price, promotion, and distribution) for the product and whether it is appropriate for the life-cycle stage.How has the supply and demand for a specific product affected your or your family’s purchasing decisions? Which variables most affect your decision to either buy or not buy a good or service?