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How does a persons perception of a good is a necessity or a luxury affect his or her purchase of it?
Wiki User
∙ 8y ago
a good that is perceived as a necessity will be purchased even if the price rises
Jamir Kovacek
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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
How does a persons perception of whether a good is a necessity or a luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person's perception of whether a good is a necessity or luxury affect his or her perception of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person's perception of whether a good is necessity or a luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person perception of whether a good is a necessity or a luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person's perception of whether a good is a necessity or a luxury affect his or her purchases of it?
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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Sensation is the pickup of information by our sensory receptors, for example the eyes, ears, skin, nostrils, and tongue. While Perception is the interpretation of what is sensed.
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Sight can affect the perception of time. This is because without seeing sunlight, ?æit is difficult to estimate how much time has passed.
