Consumers begin to become more price and value conscious during periods of
A) inflation.
B) prosperity.
C) recession.
D) depression.
E) recovery.

Question

Quizplus · Accepted Answer

During times of recession, consumers are more likely to prioritize their spending and become more price and value conscious as they have less disposable income. They are more likely to look for deals or discounts and compare prices before making a purchase.

Consumers Begin to Become More Price and Value Conscious During