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Leviafan [203]
3 years ago
8

According to Sheryl Connelly, Ford's global consumer trends manager, millennial buyers want lifestyle accessories on their vehic

les. In the context of consumer buying decisions, lifestyle refers to _____. a. an individual's pattern of living expressed through activities, interests, and opinions b. one's perception or view of oneself c. an internal energizing force that directs a person's activities toward satisfying needs or achieving goals d. a set of internal traits and distinct behavioral tendencies that result in consistent patterns of behavior in certain situations e. an individual's enduring evaluation of feelings about and behavioral tendencies toward an object or idea
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Lifestyle can be defined through various perspectives, depending on the type of approach used to answer the question. The term itself was first conceptualized by the psychologist Alfred Adler, which defines it as “a person’s basic character as established as early in childhood”.

Marketing, however, prefers to define lifestyle as (A) an individual's pattern of living expressed through activities, interests, and opinions.

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An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume
maksim [4K]

An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume must be "4".

<h3>What do you mean by Marginal Propensity to consume?</h3>

The marginal propensity to consume is refers to as the proportion of any change in income that is spent on consumption.

In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.

Calculation:

MPC=\frac{change in consumption}{change in income} \\MPC=\frac{100}{25} \\MPC=4

Learn more about Marginal Propensity to consume, refer to the link:

brainly.com/question/19089833

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