Answer: B. Openness to experience
Explanation: According to the Big Five personality factors, openness as a personality factor measures the level curiousness, imaginative and creative ability exhibited by an individual. An individual low on openness will be described as someone who would rather stick to a routine outline or experience or methodology. However, Layla fox described above could be said to exhibit high openness to experience given her will or zeal to try out new opportunities, imaginative and creative capability.
A. assessed value of the home
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The major factor that contributes to the decline of occupations in industries such as textile and clothing is due to the change of technology. Through the technological advancement, innovators are able to machines that work twice as fast as human beings.
In a NEW BUY situation, the buying center is likely to proceed through all six steps in the buying process and involve many people in the buying decision.
A new buy situation occurs when the customer buys goods or service for the first time. Because of this, the buying decision is quite involved to the extent of going through the six steps of the buying process.
Answer:
1. It is perfectly inelastic
Explanation:
Elasticity of Demand is the responsiveness of demand to price change.
- Elastic Demand > 1 ; implies demand changes proportionately more than price change
- Inelastic Demand < 1 ; implies demand changes proportionately less than price change
- Perfectly Elastic Demand = ∞ ; implies demand changes infinitely to price change, so the prices are constant
- Perfectly Inelastic Demand = 0 ; implies demand doesn't respond to price change, so quantity demanded is constant
Given : Seth body builder needs 12oz protein packet to 'feed his muscles' depicts that it is a necessity good to him. Being a necessity good, it would be demanded by Seth irrespective of price.
So, the demand is perfectly inelastic.