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A person's perception of whether a good is a necessity or a luxury can influence their buying behavior. If they perceive a good as a necessity, they are more likely to prioritize purchasing it regardless of their financial situation. On the other hand, if they see a good as a luxury, they may only buy it when they have extra disposable income or when they want to treat themselves.

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8y ago

a good that is perceived as a necessity will be purchased even if the price rises

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Q: How does a person's perception of whether a good is a necessity or a luxury affect his or her purchases of it?
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How does a persons perception of whether a good is a necessity or luxury affect his or her purchases of it?

a good that is perceived as a necessity will be purchased even if the price rises


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The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.The bottom line is that it is just a perception. Perceptions can be correct, or incorrect. It's just a perception. If you really like him, then talk to him. You will find out shortly thereafter whether he feels the same way toward you. It's that simple.


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