Regarding the family life cycle, singles and younger couples without children

Question

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Singles and younger couples without children are more willing to try new products and brands as they have fewer responsibilities and can afford to take risks with their purchases. They also have more discretionary income to spend on non-essential items. However, they may still be price-conscious as they are likely on a budget. They may also delay purchasing basic durable goods until they have children as they do not have an immediate need for these items.

Regarding the Family Life Cycle, Singles and Younger Couples Without