Question: In some ways, time is a consumer's only real resource because when working, time is converted into economic resources. In addition, time is necessary for

In some ways, time is a consumer's only real resource because when working, time is converted into economic resources. In addition, time is necessary for consumption to occur. Time can affect consumption in any of these forms: time pressure, time of year, and time of day. 

  What are some examples which illustrate the relationship between time and product consumption? Look at all three categories.

Step by Step Solution

3.44 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The relationship between time and product consumption is multifaceted and can be observed in various ways across different categories as you mentioned ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!