Consumers spend their incomes to get the maximum benefit or satisfaction from the goods and services they purchase.This is a reflection of:
A)resource scarcity and the necessity of choice.
B)purposeful behaviour.
C)marginal costs which exceed marginal benefits.
D)the tradeoff problem which exists between competing goals.

Question

Quizplus · Accepted Answer

The fact that consumers spend their incomes to get the maximum benefit or satisfaction from the goods and services they purchase reflects purposeful behavior, as they are making deliberate choices in order to satisfy their needs and wants. This behavior is not necessarily driven by resource scarcity, the tradeoff problem that exists between competing goals, or marginal costs exceeding marginal benefits.

Consumers Spend Their Incomes to Get the Maximum Benefit or Satisfaction