passionateadmirer
passionateadmirer passionateadmirer
  • 15-02-2021
  • Law
contestada

what is the importance of being a well-informed consumer?

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spacepanda835
spacepanda835 spacepanda835
  • 15-02-2021
Understanding the good or service and it’s background you are consuming
Maybe for a better price or allergies due to ingredients
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angel7890
angel7890 angel7890
  • 15-02-2021

Answer:

Being an informed consumer is advantageous to the economy, market and consumers. An informed consumer is capable of making sensible decisions by gaining an insight about a product prior to its purchase. This insight equips the consumer with the data to arrive at an evidence based conclusion.

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