The second largest share of an individual’s consumption expenditure is for nondurable goods (such as food and clothing) at approximately percent.
a. 9
b. 29
c. 59
d. 89

b. 29

Explanation:

consumption expenditure is the expenditure directly incurred by the households for the purchase of goods and services.

approximately 29% which is the second largest share of an individual’s consumption expenditure is for nondurable goods.

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explanation:

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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