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Consumer Issues and Challenges - Essay Example

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Summary
The paper "Consumer Issues and Challenges" highlights that generally, John’s comment on gasoline prices is quite realistic. Despite the fact that in some cases the prices of gasoline may rise, some people may not feel the “pinch” of higher fuel prices…
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Consumer Issues and Challenges
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Extract of sample "Consumer Issues and Challenges"

People have different sources of income as well as varying amounts. Moreover, gasoline is a basic need in transportation in the United States of America; hence compelling people to use it even in the event that its prices rise.

Maya’s Plan to Reduce their Budget on Gasoline
It is imperative that consumers find ways to reduce their expenditures thereby increasing their savings. This can be undertaken by cutting off unnecessary resources for instance in regard to Maya’s case, they may decide to use one car for their transport in the morning. This would mean the expenses spent on the extra second car are cut off. Moreover, they may also decide to use public means of transport such as public trains and buses in order to cut off their expenses on fuel. Therefore her idea of reducing their budget on gasoline is economically wise and acceptable. Read More
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