Consumers buy for many different reasons, but mainly the reason involves there being a need. Needs may be wants in lower income demographies as wants may be needs in higher income demographies.
When consumers buy goods and services, they expect them to be as good as the seller claims they are. They look for utility when they purchase the goods.
raised/less
Producers can figure out what consumers are willing to pay based on what they buy.
Market research... canvas opinion from their consumers. Then they collate the result and go from there.
demand
Deciding what goods consumers buy.
Consumers
Importing gives consumers more choices of what to buy.
they are called consumers.
Why are consumers often uncertain about the ingredients contained in the products they buy and
When consumers buy goods and services, they expect them to be as good as the seller claims they are. They look for utility when they purchase the goods.
demand
raised/less
In order to know how much of a good consumers are willing to buy one needs more information such as the type of good.
Food consumers are the people who buy food products. This is anyone in a grocery store, for example.
Producers make the goods and consumers buy and use the goods.
Consumers will buy for their personal use. Organizational buyers, however, will buy for the use by other people and must understand the motivations of them.