Consumers choose their cellphone plans according to their needs and package features.This is an example of
A)importance of information to consumers' choices.
B)importance of making personal budget.
C)maximizing an objective that is subject to a constraint.
D)minimize the cost of cellphone usage.

Question

Quizplus · Accepted Answer

Consumers select cellphone plans that best meet their needs and budget, which involves maximizing their satisfaction (objective) while staying within their financial limits (constraint).

Consumers Choose Their Cellphone Plans According to Their Needs and Package