The number of times a product or service is consumed in a given time period is known as consumption _____.
A) amount
B) value
C) replacement
D) replenishment
E) frequency

Question

Quizplus · Accepted Answer

Consumption frequency refers to the number of times a product or service is consumed over a given period of time. Option A (amount) and B (value) are not accurate as they refer to the quantity or monetary value of the product/service consumed, but not necessarily the frequency. Option C (replacement) and D (replenishment) refer to the act of replacing or restocking a product/service rather than the frequency of consumption.

The Number of Times a Product or Service Is Consumed