A theory of how consumers decide what to buy

1 answer:

6 0

1)The lifestyle of a consumer will influence on his behavior and purchasing decisions. For example, a consumer with a healthy and balanced lifestyle will prefer to eat organic products and go to specific grocery stores, will do some jogging regularly (and therefore will buy shoes, clothes and specific products),

2)Cultural trends or “Bandwagon effect” are defined as trends widely followed by people and which are amplified by their mere popularity and by conformity or compliance with social pressure. The more people follow a trend, the more others will want to follow it.

3)The membership groups of an individual are social groups to which he belongs and which will influence him. The membership groups are usually related to its social origin, age, place of residence, work, hobbies, leisure, etc..

You might be interested in

Which type of climate can<br> occur at many different<br> latitudes?

aev [14]

Answer:

Highland

___________________________________________________

Highland is the type of climate that can occur at many different latitudes.

___________________________________________________

Hope this helps!

5 0

3 years ago

Read 2 more answers

What would be the effect if the U.S dollar drops in value relative to other major foreign currrencies

vodomira [7]

<span> An increase in the price level,So C is your answer.

Hope this helps.</span>

8 0

3 years ago

This year is expected to be a great one for selling walk shoes in Georgia. At very low prices, only the most efficient shoemaker

Lady bird [3.3K]

The supply curve will be composed of the following points
(10, 1000) from the statement: 1000 shoes in the market at $10
(25, 1200) from the statement: 12000 shoes at $25 per pair
(40, 1400) from the statement: <span>$40 per pair, the existing firms increase production to 1400 each</span>

3 0

3 years ago

Which of the following are properties of distribution?

saul85 [17]

The properties of distribution include concentration and density, and jobs influence the distribution of population.

Population refers to the number of people that are living in a particular area. It should be noted that the main properties of distribution include pattern, concentration, and density.

Also, it should be noted that jobs influence the distribution of the population. When people realize that they can get job opportunities in a particular place, they move to that place. This is the main reason that people move from the villages to the cities.

In conclusion, the correct options are E and A.

Read related link on:

brainly.com/question/2944207

8 0

3 years ago

Ap macroeconomics help

ANEK [815]

If the money supply increases and nominal GDP remains the same, then A. price level increases.

<h3>What is Money Supply?</h3>

This refers to the total amount of money that is in circulation in a country that usually increases spending.

Hence, an open market sale by the federal reserve will increase the interest rates because it would increase investment spending because an OMO sale decreases interest rates which make getting loans easier.

M= Money supply

V= Velocity

P- Price level

Y= nominal GDP

Hence, with the increase in the money supply, then there would be an increase in the price supply.