Multiple Choice QuestionA country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be ______.Multiple choice question.an economically-advanced countryan industrialized countrya developed countrya less-developed country
Question
Multiple Choice QuestionA country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be ______.Multiple choice question.an economically-advanced countryan industrialized countrya developed countrya less-developed country
Solution
The correct answer is "a less-developed country". This is because less-developed countries typically have lower per-capita incomes, which means that their consumers have less disposable income to spend on nonessential products.
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