Marketing MCQ Marketing Chapter 3 Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on ________ declines and the percentage spent on ________ remains about constant.

Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on declines and the percentage spent on remains about constant.

Marketing Chapter 3

Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on declines and the percentage spent on remains about constant.

A) food; clothing
B) clothing; recreation/entertainment
C) food; transportation
D) food; housing
E) recreation/entertainment; savings

Answer: D

Marketing MCQ

Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on ________ declines and the percentage spent on ________ remains about constant.

Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on ________ declines and the percentage spent on ________ remains about constant.

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Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on declines and the percentage spent on remains about constant.

Ernst Engel's laws generally have been supported by recent studies. He discovered that as family income rises, the percentage spent on declines and the percentage spent on remains about constant.