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Item Budget Theory Suggests That Consumers

Question 31

Multiple Choice

Item budget theory suggests that consumers:


A) a priori set a predetermined limit to spend on a product or service.
B) have a budget they spend for all items whether it is groceries, medical care, or entertainment.
C) have a rationale for certain purchases but do engage in impulse shopping for certain items.
D) have certain items that are never accounted for in any budget.

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