An example of recognition of shortage is when a consumer _____.
A)sees an ad for a suit at a 50 percent price reduction
B)becomes aware of a product that he/she has not purchased before
C)gathers a list of products that will solve the problem at hand
D)runs out of a product

Question

Quizplus · Accepted Answer

Running out of a product is a clear indication of shortage and the need for replenishment. The consumer recognizes the shortage and may take action to purchase more of the product.

An Example of Recognition of Shortage Is When a Consumer