Consumer behavior in conditions of changing monetary income and prices

S. S. Repin () and L. S. Danilina ()

Scientific notes of the Russian academy of entrepreneurship, 2021, vol. 20, issue 3

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.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:cvt:journl:y:2021:id:698

DOI: 10.24182/2073-6258-2021-20-3-175-181

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