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qaws [65]
3 years ago
11

Wayne has bought over 15 laptop computers for himself and his family. To buy a new one he does no searching online or in any sto

res but goes straight to the HP website and orders a slightly newer version of the last one he bought. For him, the laptop is a(n) ______ problem-solving experience.
Business
1 answer:
V125BC [204]3 years ago
3 0

Answer:

Limited.

Explanation:

Some purchase decisions are more important than others and the amount of effort we put into each differs.

Sometimes the decision-making process is done almost automatically; we seem to make snap judgements based on very little information.

-Limited Problem Solving: Usually, it also involves internal and limited external search, few alternatives, simple decision rules on a few attributes, and little post- purchase evaluation. In general, limited decision making involves recognising a problem, for which there are several possible solutions. There is an internal and limited amount of external search. Source: Solomon, Bamossy, and Askegaard,1999; Hawkins et al, 2004.

-Extended Problem Solving (EPS). Is usually initiated by motive that is fairly central to the self-concept, and the eventual decision is perceived to carry a fair degree of risk. The consumer tries to collect as much information as possible, both from memory (internal search) and from outside sources (external research). At this level, the consumer needs a great deal of information to establish a set of criteria on which to judge specific brands and a correspondingly large amount of information concerning each of the brands to be considered. Source: Solomon, Bamossy, and Askegaard,1999; Peter et al, 1999.

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Which explains the increase in the price of an item from $10 in 1980 to over $25 today?
Vikentia [17]
Inflation.
stagnation means to stay still, which it didn't. depression was before the 80's, our unemployment rate shouldn't really effect prices that drastically. 
7 0
3 years ago
Shore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the goods so
Crazy boy [7]

Explanation:

On the books of Shore Co

Cash A/c Dr $111,560

Sales discount A/c $2,240           ($11,2000 x 2%)

              To Accounts receivable A/c $113,800           ($112,000 + $1,800)

(Being cash is received)

On the books of Blue star

Accounts payable A/c Dr $113,800    ($112,000 + $1,800)

               To Merchandise inventory A/c $2,240              ($11,2000 x 2%)

                To Cash A/c $111,560

(Being cash is paid)

8 0
3 years ago
Penny, a full-time biochemist, loves stock car racing. To feed her passion, she bought a used dirt-track car and has started ent
Damm [24]

Answer:

Deductible expenses: 500 (hobby expense after revenue limit - 2% AGI floor) .

Explanation:

AGI Before activity: $97,500

Hobby Rev. : $2,500

AGI after activity: 100,000

Hobby expense: 10,550

Hobby expense after revenue limit: 2,500 (lessor of hobby rev. and hobby expense)

2% AGI Floor: 2,000

Deductible expenses: 500 (hobby expense after revenue limit - 2% AGI floor)

$500 is the answer.

4 0
3 years ago
At December 1, 2017, Swifty Corporation Accounts Receivable balance was $12770. During December, Swifty had credit sales of $342
Nat2105 [25]

Answer:

a) $19610 credit

Explanation:

Given: Accounts receivables as on Dec 1, 2017 = $12770

           Credit sale during the month = $34200

           Collections during the month = $27360

Accounts Receivable balance at the end of the month = Opening Accounts Receivable balance + credit sales during the month - cash collected during the month

= $12770 + $34200 - $27360

Accounts Receivable balance as on Dec 31, 2017 =  $19610 credit

4 0
3 years ago
What often happens to stock prices when a recession in the economy is in the future?
Novosadov [1.4K]
"Stock prices decrease" is the one among the following choices given in the question that <span>often happens to stock prices when a recession in the economy is in the future. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer helps you.</span>
8 0
3 years ago
Read 2 more answers
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