Shopping and consumer habits (Difficult) Quiz Home โบ IELTS โบ IELTS English Vocabulary โบ Shopping and consumer habits (Difficult) ๐ IELTS – English Vocabulary – Shopping and consumer habits – Difficult 20 questions ยท 15 min timer ยท Explanations included ยท Free 1. What does 'disposable income' refer to? Income before any deductions Income spent on taxes Income available after all expenses Income used for savings None Show Hint Disposable income is the amount of money left after all necessary expenses are paid. Option D is incorrect as it refers to gross income. 2. What is 'product differentiation'? Increasing the size of a product Reducing the cost of production Creating identical products Making a product stand out from competitors None Show Hint Product differentiation involves making a product distinct from others in the market. Option A is incorrect as it implies no differentiation. Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Click Submit to see your final score! Previous Start Quiz Next Time's up