Q118
Product choice is greatly affected by economic circumstances. All of the following would be among those circumstances EXCEPT ________.
A.
Spendable income
B.
Savings and assets
C.
Debts
D.
Occupation
AnswerE.
Borrowing power
Answer: Option D
Solution
Answer: Option D
Solution:
Product choice is greatly affected by economic circumstances. All of the following would be among those circumstances EXCEPT Occupation. Product choice is determined by an interaction between firm characteristics, product characteristics, and market conditions.