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Teacher herself has to be aware of rights and duties of consumer.

While teaching about consumer protection act a teacher can inculcate a value consumer awareness in students.

Can teach them about the laws and different policies given by government.

Can give them knowledge of current affairs to make consumer aware of changes.

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12y ago

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How can one calculate consumer surplus without the use of a graph?

To calculate consumer surplus without a graph, you can use the formula: Consumer Surplus Total Value - Total Expenditure. Total Value is the maximum price a consumer is willing to pay for a good or service, and Total Expenditure is the actual price paid. Subtracting Total Expenditure from Total Value gives you the consumer surplus.


What is the main purpose of value to consumers?

it is what is important to the consumer.


Why from utility is no classified as a marketing utility?

From utility is not classified as a marketing utility because it focuses on the inherent value and satisfaction derived from a product or service, rather than the promotional strategies used to convey that value. While marketing utilities aim to enhance consumer awareness and accessibility, from utility emphasizes the actual benefits and functionality that meet consumer needs. Essentially, it addresses the end result of consumption rather than the methods of marketing that lead to that result.


How do you calculate consumer surplus and what factors are considered in determining its value?

Consumer surplus is calculated by finding the difference between what consumers are willing to pay for a good or service and what they actually pay. Factors that determine its value include consumer preferences, income levels, and the availability of substitutes.


How is the value of a barter transaction determined?

it is determined by your teacher in economics subject. Go ask your teacher and have a failure mark in your gradecard.

Related Questions

What do you mean by consumer awareness process?

It is the process to which you become aware of consumer buying and value assessment behaviors.


How can one calculate consumer surplus without the use of a graph?

To calculate consumer surplus without a graph, you can use the formula: Consumer Surplus Total Value - Total Expenditure. Total Value is the maximum price a consumer is willing to pay for a good or service, and Total Expenditure is the actual price paid. Subtracting Total Expenditure from Total Value gives you the consumer surplus.


Consumer perceived value?

The consumer perceived value or simply as value in marketing is the difference between the costs of one product when compared to others and evaluation of the benefits of perspective customer. This value needs to be taken into account when setting prices.


What is the main purpose of value to consumers?

it is what is important to the consumer.


What are the key factors influencing consumer behavior towards sustainable fashion products, as evidenced by recent citations in research papers?

Recent research papers indicate that key factors influencing consumer behavior towards sustainable fashion products include awareness of environmental and social issues, perceived product quality and value, brand reputation, and personal values and beliefs.


What is the nature of consumer behaviour?

The nature of consumer behavior is easy to understand. Consumers buy or eat what they want and what they value.


What is value in third grade level math?

well value is when you tell the value of a specific number. For example 2940, say your teacher asks you the value of the 2 in the number. The value would be 2,000. Another example is 45,728, your teacher asks you the value of the 7 it would be 700.


Why from utility is no classified as a marketing utility?

From utility is not classified as a marketing utility because it focuses on the inherent value and satisfaction derived from a product or service, rather than the promotional strategies used to convey that value. While marketing utilities aim to enhance consumer awareness and accessibility, from utility emphasizes the actual benefits and functionality that meet consumer needs. Essentially, it addresses the end result of consumption rather than the methods of marketing that lead to that result.


How do you calculate consumer surplus and what factors are considered in determining its value?

Consumer surplus is calculated by finding the difference between what consumers are willing to pay for a good or service and what they actually pay. Factors that determine its value include consumer preferences, income levels, and the availability of substitutes.


What is the care value base of a nursery?

a care value base is rules se by the guidlines by a teacher


How can we get favourable consumer behavior?

Offer honest value at affordable cost.


Is Consumer Value Store A Good Stock To Buy?

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