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likoan [24]
2 years ago
8

Comparison advertising is used to induce a risk averse individual to purchase a new product because if the consumer expects homo

geneity between the old and the new product, Multiple choice question. the individual will not likely switch from the existing product to the new product the individual will likely switch to the new product to determine its quality the individual will be indifferent between the existing product and the new product
Business
1 answer:
____ [38]2 years ago
5 0

Comparison advertising is good because it helps a risk-averse individual because if the consumer expects homogeneity, then A. the individual will not likely switch from the existing product to the new product

<h3>What is Comparison Advertising?</h3>

This refers to the type of advertising that is done when the features and qualities of different products are compared.

Hence, we can see that comparison advertising is good because it helps a risk-averse individual to purchase a new product so that he would not refuse to buy the new product.

Read more about comparison advertising here:

brainly.com/question/9139668

#SPJ1

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Suppose the European Central Bank (ECB) decides to use monetary policy to offset the possible inflationary effects of European e
Grace [21]

Answer:

the European Central Bank (ECB) should engage in a contractionary monetary policy

Explanation:

A contractionary monetary policy takes place when a central bank (or the Fed) reduces the money supply in order to cool down the economy, lower inflation rate or like in this case, wants to offset expansionary fiscal policy.

The central bank initially raises the interest rates and starts selling more securities in order to absorb cash from the markets.

7 0
3 years ago
Kay &amp; Maggie's, a beauty salon, is conducting a survey to find out how satisfied its customers are with the service provided
SashulF [63]

Answer:

It is both qualitative data and primary data.

Explanation:

Qualitative data is data that is not expressed in numerical values. Kay & Maggie are asking for opinons in the survey and interviews. These opinons are not numbers, they are words, language, therefore, they are qualitative.

It is primary data because Kay & Maggie are collecting the information directly from the desired source, the customers, instead of collecting the data from a third party.

7 0
3 years ago
During the recent economic crisis, many financial managers and corporate officers have been criticized for (a) poor decisions, (
Ksju [112]
<span>During the recent financial crisis, many financial managers and corporate officers have been criticized for (c) Large salaries. This criticism is certainly justified given that most executives received exorbitant compensation despite a plunge in the value of their companies. Thus, their salaries are not justifiable as they are not serving the needs of the shareholders whose interest they should serve. </span>
7 0
4 years ago
What are four positive aspects of franchising for a business start-up? Why are they important ? .
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The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction
3 0
3 years ago
What would be the purchase price for a $5,000, 91-day T-bill paying 3% interest?
Nat2105 [25]
Well, you just need to find it using this formula :

5,000 x [100 % -  (3% x 91/365)]

= 5,000 x [ 100 % - 0.007479]

= 5,000 x 99.992521

= $ 4,962.50 >>> rounded

Hope this help
3 0
3 years ago
Read 2 more answers
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