Tag Archives | factors

Factors of Consumer Behaviour

Everything you need to know about the factors of consumer behaviour. Consumer behaviour is the reaction of individuals in obtaining and using goods and services of a particular type. In the words of Walter and Paul, it is the process whereby individuals decide whether, what, when, where, how and from whom to purchase goods and services. Consumer behaviour is the [...]

By |2019-09-14T10:06:29+00:00September 14, 2019|Consumer Behaviour|Comments Off on Factors of Consumer Behaviour

8 essential factors that determines propensity to consume

8 essential factors that determines propensity to consume. Income is the most important factor which determines the consumption expenditure in a society. The greater the level of disposable income, the higher is the consumption.

By |2011-06-18T13:24:44+00:00June 18, 2011|Economics|Comments Off on 8 essential factors that determines propensity to consume

How profits differ from rewards of other factors?

How profits differ from rewards of other factors? What the entrepreneur receives in return of his function Is called profit. Profit is difference between total revenue and total cost. This profit is called gross profit.

By |2011-06-17T17:31:18+00:00June 17, 2011|Economics|Comments Off on How profits differ from rewards of other factors?
Go to Top