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slavikrds [6]
2 years ago
5

Alicia is interested in purchasing a set of ear buds to use with her laptop and smartphone. She visits best buy and notices that

the prices vary from $10 to several hundred dollars. Alicia prefers wireless ear buds and compares the skullcandy model that costs $90 to a similar pair from beats by dre that cost $119. She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the _______ effect of price.
Business
1 answer:
alex41 [277]2 years ago
8 0

She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.

<h3>Information effect of price.</h3>

Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality  is usually indicated by price.

Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model  shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.

Learn more on Information effect of price: brainly.com/question/7930369

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Answer:

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Explanation:

6 0
3 years ago
Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a
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<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>

Explanation:

Let us understand what a social audit is.

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7 0
3 years ago
During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as foll
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Answer:

the net sales for the two months is $2,448

Explanation:

The computation of the net sales for the two months is shown below:

= Sale made on Jan 6 + sale made on Jan 6 + sales made on Feb 28 - discount on sale made on Jan 6

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= $2,490 - $42

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hence, the  net sales for the two months is $2,448

The same is to be considered

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