Why is it important for a business to assess aggregate behavior in the economy? select all that apply.

1.to know what product to purchase

2.to predict what products will be successful

3.to learn what products the consumers want
to predict when to reduce the labor force

Answer:

2. To predict what products will be successful

3. To learn what products the consumers want

For these reasons, it is important for a business to assess aggregate behavior in the economy.

Explanation:

Aggregate behavior in an economy refers to the connection between the public demands of a product and the economic condition. This study is usually determined by analyzing the available data regarding the individual’s behavior towards a demand .

Aggregate behavior is intended to integrate the economic behavior of the customer into a simple logical function, enabling an economical expert to analyze the data. Furthermore, the arguments for the consumer role make the inference that all individual users are similar in their economic behavior, enabling the economic analyst to establish a macroeconomic mode. This process can help determine the appropriate products needed to satisfy customers and improve the economical income.

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