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An individual consumer purchases from retailers. An industrial consumer purchases from manufacturers. Industrial consumers are generally businesses working directly with businesses.
a consumer role
The substitute effect influences consumer behavior and market dynamics by causing consumers to switch to cheaper alternatives when the price of a product increases. This can lead to changes in demand for different products and affect competition among businesses in the market.
yes
Effect of interest rate on consumer finance?
The effect on Northern businesses was growth and prosperity.
Yes, People and Businesses are consumers.
chnage in consumer's equilbrium due to change in income of the consumer..known as income effect.
Any business can become a consumer. Generally speaking all businesses are consumers inasmuch they must purchase products from other businesses in order to have their own business function.
Consumer debt is the debt (money owed) by people as opposed to the debt of institutions, governments or businesses
The effect that ICT has had upon businesses?