Category Archives: consumer

How to make an sociological argument about a consumer good?

I got a consumer good. This item helps to establish who I am. How do components of culture develop develop this to be an argument. I dont get it :-S If you can help out, a hint, somewhere to start … Continue reading

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Is a Retail & Consumer Science degree good for someone who wants to open up a retail business?

I want to start my own line of active wear and open up my own store. Obviously a business degree is a good path to go, however, I’m not sure I’d really like it. My university offers a Retail & … Continue reading

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What degree do I need to become a Consumer Psychologist?

I am a Psychology major at a CA state University and am interested in analyzing consumer behavior as a Consumer Psychologist. Which grad schools would provide a good education in this field? Any internship suggestions would also be much appreciated, … Continue reading

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What is the harm with unregulated capitalism if the consumer makes the choice?

Shouldn’t it be up to the consumer to freely make their own choice when it comes to a purchase? Or should the government be able to intervene… If you believe the government should be able to intervene does this then … Continue reading

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What happens to consumer surplus if the price of a good increases?

What happens to consumer surplus if the price of a good increases? A. It increases B. It decreases C. It is unchanged D. It may increase, decrease, or remain unchanged B. It Decreases To get a better understanding as to … Continue reading

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Given the consumer is over 24 years old, what is the probability that the consumer uses a plastic card?

* The probability that a consumer uses a plastic card when making a purchase is .37. * Given that the consumer uses a plastic card, there is a .19 probability that the consumer is 18 to 24 years old. * … Continue reading

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How can we increase consumer confidence and consumption?

Just wondering your thoughts as to how we might increase consumer confidence and consumption and why you think your idea will work. What are some short-term and long-term ways to approach this problem? given the weak US job market, it … Continue reading

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Where is the best place to shop for consumer electronics cheap in India?

I want to shop for consumer electronics in India where I can buy real cheap. Would someone suggest me some good websites? If you want to experience the wonderful online shopping, then you are easy to get access to world … Continue reading

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What happens to the level of consumer surplus as the price of a good falls?

The demand curve for product X is given by Qdx=460-4Px 1. How much consumer surplus do consumers receive when Px=$35? The back of the book says the answer should be $12,800 but I don’t understand how to arrive at that … Continue reading

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Do some types of consumer spending create more economic growth than others?

How is wealth ultimately created? Would it matter whether one spent a dollar on bus fare, or a luxury watch? Or is the answer simply dependent upon which contributes more to overall investment in new technologies, efficiency, etc. (whatever drives … Continue reading

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