ow does the limited leisure time of consumers affect their purchasing habits? (1 point) Responses They value leisure time more than buying products. They value leisure time more than buying products. They choose the best value of leisure activities and products. They choose the best value of leisure activities and products. They seek lower-cost products to increase their leisure time. They seek lower-cost products to increase their leisure time. They choose not to spend money on leisure activities and products.

Answer 1

The limited leisure time of consumers significantly affects their purchasing habits in several ways. Primarily, consumers tend to choose the best value of leisure activities and products. This means they prioritize spending their limited leisure time on experiences and items that offer the most satisfaction or enjoyment for the money spent. Additionally, they may also seek lower-cost products to increase their leisure time, which allows them to enjoy more activities without overspending. Overall, time constraints lead consumers to make more strategic decisions about how they allocate their resources between leisure activities and consumption.