Injurious consumption occurs when select one:
a. All of the above
b. A product is introduced that does not meet consumer needs
c. Individuals make consumption decisions that have a negative impact on their long-run well being
d. A firm advertises benefits that the product cannot deliver
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A all of the above must be the correct one
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Injurious consumption occurs when individuals make consumption decisions that have a negative impact on their long-run well-being. (Option c)
- Injurious consumption refers to the state of consuming exceeding amounts to the point where it becomes harmful for the long-term wellness of the consumers.
- This state can be taken back to normal by adopting demarketing of products to discourage overconsumption.
- For products like drugs, alcohol, etc. the government has to impose taxes, create enlightening packaging.
- All this must be supported by developing public awareness to decrease the use.
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