_____ are concerned with making the best use of a consumer's time and money-as the consumer judges it.
A) Economic needs
B) Psychological needs
C) Social influences
D) Behavioral influences
E) Perceptual needs

Question

Quizplus · Accepted Answer

Economic needs are related to the way consumers allocate their resources, including time and money, to satisfy their needs and wants efficiently. Consumers evaluate their choices based on the benefits they receive versus the costs they incur, and they strive to maximize the value they obtain for their spending. Therefore, economic needs are concerned with making the best use of a consumer's time and money.

_____ Are Concerned with Making the Best Use of a Consumer's