The two types of shopping products are homogenous and heterogenous products. Hence the correct answer choice is option (d).
<h3>Enlist the features of a homogenous product.</h3>
Following are the features of a homogenous product :
- Market Structure: A crucial characteristic of a perfectly competitive market is homogeneous products. A market structure known as perfect competition is one that has numerous customers and sellers, homogeneous products, and no entry obstacles. Theoretically, homogeneous commodities cannot be distinguished from one another in a market with perfect competition.
- Price Determination -A homogenous product's pricing is the deciding factor in which one product should be chosen over another. When a customer is in front of a shelf filled with similar goods, they are searching for the one with the best deal.
- Consumer Loyalty: Referring to customers that favour a product brand, marketing strategy, or the company's ideals, consumer loyalty is important for products that are not uniform in nature. When a product, like laundry detergent or dish soap, is a recurring necessity, consumer loyalty may apply to homogeneous commodities. A consumer will frequently remain loyal to a homogeneous product in the future if they originally buy it based solely on pricing and are happy with it.
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The complete question is mentioned below :
The two types of shopping products are:
a. unsought and convenience.
b. generic and family.
c. exclusive and intensive.
d. heterogeneous and homogeneous.
e. consumer and business.
Answer: The answer would be d-technological
Explanation:
Answer:
The answer is: A) raises GDP.
Explanation:
If a gambler is a professional gambler (pays income tax on his gambling earnings) then when he moves from a state that prohibits gambling to a state that allows gambling, his earnings will increase the GDP.
The GDP only considers legal income, so illegal activities such as prostitution, drug trafficking, or illegal gambling are not included in the GDP. But if they become legal (e.g. some states legalized marijuana) then they should be included in the GDP.
<span>Lead-the-market pay strategies.
An employer may choose to establish an internal compensation strategy that is in excess of the pay rates in the prevailing marketplace. This compensation strategy may increase the supply of candidates, increase selection rates of qualified applicants, decrease employee turnover, increase morale and productivity, or prevent unionization efforts. However, prior to implementing a lead compensation strategy, an organization should carefully consider what benefits it expects to realize from such a strategy, keeping in mind that this type of structure has the greatest propensity of increasing overall labor costs.</span>
