Which of the following is a trend usually observed during an economic depression?

Which of the following is a trend usually observed during an economic depression?








a. Consumers are willing to spend more for premium versions of well-known brands.
b. Consumers have money to spend, but caution often restrains their willingness to buy.
c. Consumers focus on more basic, functional products that carry lower price tags.
d. Businesses offer new products, expand distribution, and raise prices to widen profit margins.










Answer: C


Marketing

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