Open AccessConsumer behavior in conditions of changing monetary income and prices
Author(s) -
С. С. Репин,
L. S. Danilina
Publication year - 2021
Publication title -
učenye zapiski rossijskoj akademii predprinimatelʹstva. rolʹ i mesto predprinimatelʹstva v èkonomike rossii
Language(s) - English
Resource type - Journals
ISSN - 2073-6258
DOI - 10.24182/2073-6258-2021-20-3-175-181
Subject(s) - economics , consumer spending , monetary economics , consumer behaviour , business , macroeconomics , advertising , recession
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.