Question

Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually does as she had left her credit card at home. Which of the following antecedent conditions is most likely accountable for her reduced volume of purchase?a. Consumer's moodb. Consumer's buying powerc. Consumer budgetingd. Consumer's orientatione. Consumer's perception of security

Answer 1

Answer:

The correct answer is letter "B": Consumer's buying power.

Explanation:

The consumer's buying power is the total amount of money the customer has to acquire goods or services whether out of cash, checking accounts or credit cards that the person possesses. It is the value of money in terms of the capacity it could buy at a specific time.

In the example, Amelia's buying power was reduced since she forgot her credit card at home being that the reason why she purchased lesser clothing than usual.