Wrong answer = 1000 dislikes   All of the following statements are incorrect except:      a) Farm output varies from one year to another because farm commodities are highly seasonal.   b) Physiological needs are part of the psychological needs.   c) Engel’s law states that as income in the US continues to rise, the share of income spent on food remains constant at 6%.   d) Functional and physiological food values reflect the contribution of food to consumer health and well-being

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Wrong answer = 1000 dislikes

 

All of the following statements are incorrect except:   

 

a) Farm output varies from one year to another because farm commodities

are highly seasonal.

 

b) Physiological needs are part of the psychological needs.

 

c) Engel’s law states that as income in the US continues to rise, the share of income spent on food remains constant at 6%.

 

d) Functional and physiological food values reflect the contribution of food to consumer health and well-being.

 

 

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