search
arrow-left Previous
Next arrow-right
Q: Consumer theory is how people decide to spend their __________.
  • A. relations
  • B. energy
  • C. time
  • D. money
Correct Answer: Option D - Consumer theory is the study of how people decide to spend their money based on their individual preferences and budget constraints. It is also known as consumer choice.
D. Consumer theory is the study of how people decide to spend their money based on their individual preferences and budget constraints. It is also known as consumer choice.

Explanations:

Consumer theory is the study of how people decide to spend their money based on their individual preferences and budget constraints. It is also known as consumer choice.