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Between which age do consumers have the greatest income?
45-55
Consumers have the greatest income between which ages?
35-45!
Consumers have the greatest income between what ages?
55-65
If the income elasticity of demand for a product is -0.5 then?
Income Elasticity:Income Elasticity of Demand is measure of percentage change in demand for a commodity due to 1% change in income of consumers. Negative Income Elasticity :Increase in Income of consumers lead to decrease in the quantity demanded for a commodity.Example: unbranded items.so if Income Elasticity for product is -0.5 then its demand will be decreases as Income of consumers increases.
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
Is primary consumers the greatest number of members in an specific ecosystem?
Secondary consumers
In what way the income of the consumer affect his buying behavior?
if consumers are receiving a low income then
Survey of disposable income of a thousand consumers?
9
How does income get from businesses to consumers?
The transfer and redistribution of capital happens through multiple mechanisms and directional flows. Transfers of income from businesses to consumers can occur through the economic redistribution from taxation. Businesses can also sell to consumers who in-turn resell. Businesses also have what is known as a 'trickle down effect' where their income is paid out to workers, who are also consumers themselves.
In a specific ecosystem the population with the greatest number of members will be which one carnivores secondary consumers primary consumers or producers?
In this situation, the population with the greatest number will be the producers.
The movement of income from producers of goods and services to consumers and back to producers is known as what?
Circular Flow Of Income
What is a good that consumers will demand more of when their income increase?
food
