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VLD [36.1K]
3 years ago
9

Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on

three different charateristics. He plans to make a short list of those computers that score at least a 7 on his scale on all three characteristics. Which of the following choice heuristics has he chosen?a) Anchoring and adjustment heuristicb) Conjunctive heuristicc) Lexicographic heuristicd) Elimination-by-aspects heuristic
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

C) Conjunctive heuristic

Explanation:

When a consumer (Mr. Jones) uses a conjunctive heuristic approach, he will set a minimum cutoff level for the attributes that he considers important, and will decide to purchase the good that meets that minimum threshold or cutoff level for every desirable attribute.

In this case, Mr. Jones has three desirable attributes and designed a scale with a minimum cutoff level of 7.

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Solving for dominant strategies and the Nash equilibrium Suppose Clancy and Eileen are playing a game in which both must simulta
jarptica [38.1K]

Answer:

See attached file

Explanation:

6 0
3 years ago
Next Up Computer Company thinks it will make a splash with cartoon-themed laptop cover designs scheduled for release next year.
vova2212 [387]

Considering the situation described above, this effort is an example of using <u>image differentiation</u> to differentiate a product as new.

<u>Image differentiation</u> is a type of differentiation strategy used by business firms to differentiate their products through communications.

By using communication strategies such as written, audio, digital, advertisement, or images to differentiate between various products or from existing products, this is an example of <u>image differentiation</u>.

Thus, when Next Up Computers only changes the cover designs alone, that is a form of <u>image differentiation</u>.

This is type of differentiation is often referred to as Reputation Differentiation.

Other types of differentiation methods include the following:

  • Product differentiation
  • Service differentiation
  • Relationship differentiation
  • Distribution differentiation.
  • Price differentiation.

Hence, in this case, it is concluded that the correct answer is "<u>Image Differentiation."</u>

Learn more here: brainly.com/question/14302620

6 0
3 years ago
On December 31, 2017, Stellar Company had $1,159,000 of short-term debt in the form of notes payable due February 2, 2018. On Ja
Phoenix [80]

Answer:

Explanation:

Before showing how short term debt should be presented before doing this we have to classify the items in each head

Like - In current liabilities, notes payable is recorded at $11,500  

And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.

The total amount would remain the same i.e $1,159,000  

Kindly find the attachment below:

5 0
3 years ago
Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit
vlabodo [156]

Answer:

<u>Monopolistic Competition:</u>

4. a firm that faces a downward sloping demand curve.

<u>Perfect Competition:</u>

1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

5. a firm that that maximizes profits profit in the long by producing where MR = MC

<u>Both:</u>

2. a firm that has a firm that sets price greater than marginal cost.

Explanation:

7 0
3 years ago
Which of the following best defines tangible products? They refer to the physical entities or services that are offered to a buy
Len [333]

Answer: <em>They refers to the physical entities or service that are offered to a buyer .</em>

Explanation:

The statement written above best defines the tangible commodities. A physical good that can be distinguished by touch. Examples of these are automobile, confectionery items such as beverages etc, personal computers, mobiles, etc. Many business organization are also required to dispense packaging for these commodities in order to provide security during their transportation.

4 0
3 years ago
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