Which of the following statements is true of middle-class consumers?
A)Their family income is usually between $20,000 and $30,000.
B)They rely on assistance to cover their basic needs.
C)They have very high discretionary incomes and tend to purchase luxury items.
D)They tend to be careful about their spending and are often value-conscious.
E)Their spending patterns are not influenced by economic conditions.

Question

Quizplus · Accepted Answer

Middle-class consumers tend to be careful about their spending and are often value-conscious. They usually have moderate discretionary incomes and prioritize saving for their future needs.

Which of the Following Statements Is True of Middle-Class Consumers