Question: Which statement is true of consumerism?Multiple ChoiceConsumers are aware that the cost of producing a sustainable product translates into cheaper prices.All consumers are aware of
Which statement is true of consumerism?Multiple ChoiceConsumers are aware that the cost of producing a sustainable product translates into cheaper prices.All consumers are aware of how to reduce the social and environmental impact of their purchasing power.If a firm communicates the additional value the product offers, customers will always be less willing to pay a high price for itMarketers must communicate that sustainable consumer behavior always requires sacrificing current needs and wants for some distant benefit.It includes an effort on the part of consumers to avoid purchasing goods that have been produced in a way that is inconsistent with sustainable business practices.
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