_____ represents the process by which consumers use goods, services, or ideas and transform the experience into value.
A) Consumption
B) Cost conversion
C) Benefits conversion
D) Expenditure

Question

Quizplus · Accepted Answer

Consumption refers to the process of using goods, services, or ideas and transforming the experience into value. It involves a variety of activities, such as acquisition, usage, and disposal, and can lead to various outcomes, such as satisfaction, enjoyment, and well-being. Consumption is a critical component of the economy and society, and has significant implications for individuals, businesses, and governments.

_____ Represents the Process by Which Consumers Use Goods, Services