Question: Subject: Consumer Behavior Q-1: A composite variable index is used to better understand social class. Please explain and evaluate each element of index. The three

Subject: Consumer Behavior Q-1: A composite

Subject: Consumer Behavior Q-1: A composite variable index is used to better understand social class. Please explain and evaluate each element of index. The three key elements are: a) Occupation b) Education c) Income. Q-2: Discuss what is meant by the term "social status" and explore the features you can identify in an individual's social group. Do you feel you belong to Social group

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