menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    MKTG Study Set 3
  4. Exam
    Exam 2: The Marketing Environment, Social Responsibility, and Ethics
  5. Question
    When Income Is High Relative to the Cost of Living
Solved

When Income Is High Relative to the Cost of Living

Question 149

Question 149

Multiple Choice

When income is high relative to the cost of living, what will consumers have?


A) more discretionary income
B) more incentive to buy luxury items
C) less incentive to buy luxury goods and services
D) significantly less disposable income

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q101: Describe inflation and recession.Present a marketing strategy

Q138: Marketers can control the external environment in

Q144: In Asia, Procter & Gamble (P&G) discovered

Q145: How does a higher education assist the

Q146: Champion Lyte is a sugar-free sports drink.

Q147: Many companies have found issuing a policy

Q150: A target market is best characterized by

Q151: Dan Strong is a personal trainer who

Q152: Carissadesigns and sells clothes for young working

Q153: Champion Lyte is a sugar-free sports drink

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines