Consumer Behavior and Demand Quiz
3 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following factors influences consumer behavior and demand?

  • Price of the product (correct)
  • Availability of public transportation
  • Number of competitors in the market
  • Weather conditions
  • What is the relationship between consumer behavior and demand?

  • Consumer behavior has no impact on demand
  • Consumer behavior and demand are unrelated
  • Consumer behavior indirectly affects demand
  • Consumer behavior directly affects demand (correct)
  • Which of the following is an example of consumer behavior?

  • A consumer's decision to purchase a product (correct)
  • Technological advancements in manufacturing
  • A company's marketing strategy
  • Government regulations on product pricing
  • More Like This

    Demand Factors and Income
    10 questions

    Demand Factors and Income

    ElatedRationality avatar
    ElatedRationality
    Economics Chapter Demand and Factors
    5 questions
    Economics Demand Factors
    45 questions

    Economics Demand Factors

    ProfuseMajesty1135 avatar
    ProfuseMajesty1135
    Use Quizgecko on...
    Browser
    Browser