Consumer behavior in conditions of changing monetary income and prices-Reference-Cited by-同舟云学术

Consumer behavior in conditions of changing monetary income and prices

Published:2021-10-05 Issue:3 Volume:20 Page:175-181
ISSN:2073-6258
Container-title:Scientific notes of the Russian academy of entrepreneurship
language:
Short-container-title:jour

Author:

Repin S. S.¹,Danilina L. S.¹

Affiliation:

1. Department of Economic Theory, Russian Customs Academy

Abstract

The change in monetary income has a great influence on the behavior and reaction of the consumer, with an increase in income, his share spent on basic necessities decreases, while the share of spending on luxury goods and on spiritual development increases.

Publisher

Publishing Agency Science and Education

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