Explore BrainMass

Explore BrainMass

    What is Consumption?

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What is consumption? Provide 3 examples of something you have "consumed" recently and illustrate the concept of consumption with each example.

    © BrainMass Inc. brainmass.com June 4, 2020, 3:06 am ad1c9bdddf
    https://brainmass.com/business/marketing/what-consumption-499086

    Solution Preview

    In basic terms, consumption is an economics and marketing term relating to the process of utilization of goods and services. Consumption is generally divided into two groups; needs and wants. Each plays a different role in defining how an individual approaches a product or service. Let's look at three examples of 'consumed' products and ...

    Solution Summary

    The expert determines what consumption is.

    $2.19

    ADVERTISEMENT