Mike has an annual income of $1 million.Fernanda has an annual income of $100,000.Their buying behaviors differ because of their ability to buy,called their ___,which is largely determined by income.
A) buying power
B) organization power
C) income power
D) super powers

Question

Quizplus · Accepted Answer

The term that represents Mike and Fernanda's ability to buy based on their income is buying power. It is the extent to which their income can be used to purchase goods and services. Therefore, buying power is the best choice for this scenario out of the given options. The other options, organization power, income power, and super powers do not accurately represent their ability to buy based on their income.

Mike Has an Annual Income of $1 Million