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The effects of consumer spending are reflected in in overall economy. Increase in consumer spending will mean more profits for suppliers and this translates to more revenue to the government in form of taxes.
consumer awareness is the knowlege that a consumer should have about his/her legal rights and duties.It is must for a consumer to follow these rights.It is implemented fr the protection of the consumer,so that the consumer is not exploited by the seller of the products.
microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
The term for that definition is effective demand
The phrase consumer revolution's official definition is "a marked increase in consumption of various goods and products by individuals from different economic and social backgrounds."
Consumers would be better off without intermediaries. Intermediaries lead to the unnecessary increase in the prices of consumer products and services.
Intermediaries are really important in the movement of goods from the manufacturers to the consumer. However, they also contribute to the high cost of goods as they have to make some profit while offering these services.
Micro-environments in marketing are community entities like the divisions inside a company, its suppliers or resellers, its competitors, consumer markets, and the public which impact a company to serve is customers better.
A body that protects consumer rights.
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First of all its definition, lol and The definition of consumer means an organism that feeds off another. your Welcome
The effects of consumer spending are reflected in in overall economy. Increase in consumer spending will mean more profits for suppliers and this translates to more revenue to the government in form of taxes.
Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare
The consumer in the modern sense is the customer who buys products and keeps the economy running.
Someone who is the end user of a product
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Someone who is the end user of a product