Question

In: Economics

Consumer problem recognition occurs when: Group of answer choices the consumer has depleted his or her...

Consumer problem recognition occurs when:

Group of answer choices

the consumer has depleted his or her inventory of a product

the consumer is dissatisfied with his or her previous purchase

the consumer’s situation has changed creating new needs

the purchase of one product necessitates a new purchase of a related product

any of the above situations occur

Solutions

Expert Solution

Ans. e) any of the above situations occur..

Consumer problem recognition occurs

when his or her inventory of product gets over ( grocery or vegetables get over),

the consumer is not satisfied with his previous purchase( consumer has purchased a two Wheeler and it is giving starting problem)

the consumer situation has changed creating new needs ( a person who is newly married needs furniture and vessels for his home)

The purchase of one product necessitates the purchase of new product ( if a person has purchased a new house., he needs new furniture, crockery etc to be purchased).


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