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The Economists' View of Buyers

Question 136

Multiple Choice

The economists' view of buyers


A) puts a great deal of emphasis on differences in buying behavior related to individual differences among consumers.
B) is based on the idea that consumers value time and select the first alternative they learn about.
C) assumes that consumers always buy the lowest-price alternative.
D) emphasizes psychological variables rather than social influences.
E) None of these answers is correct.

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