_____ represents the process by which goods, services or ideas are used and transformed into value.
A) Value transfer
B) Cost conversion
C) Benefits conversion
D) Consumption
E) Marketing

Question

Quizplus · Accepted Answer

Consumption is the process by which goods, services or ideas are used and transformed into value. This value can be in the form of satisfaction, utility or enjoyment. Consumption is an important part of the economic system, as it drives demand for goods and services and helps to create jobs and economic growth.

_____ Represents the Process by Which Goods, Services or Ideas