Answer:
experiential shopping
Explanation:
Experiential Shopping is done in order to avoid the boredom and get engaged in an activity, basically for moving out of the room and finally having a view and enjoying it. The goods are purchased without any planning, and only because you saw them and you like them.
This is done in order to recreate peace.
This is done by people to create happiness and internal satisfaction. Shopping do not provide happiness to them unlike impulsive shopping, but the mere thought to go out and enjoy do provides them the happiness they intend to have.
Answer:
increase in cost of living of 9.09%
Explanation:
The cost of living for 2016 is goven as
(10 pizzas*$10) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 100 + 280 + 60= $440
The cost of living from 2017 is
(10 pizzas*$14) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 140 + 280 + 60
= $480
The percentage increase in cost of living between 2016 and 2017= (Cost of living in 2017/cost of living in 2016)* 100
= {480/440}* 100
= 109.09%
So there was a increase in cost of living of 9.09%
Answer:
Option B is correct.
Explanation:
In order to answer this question correctly, we first need to understand the law of demands.
Law of demands: It says that the relationship of price and quantity demanded is inversely proportional. It means if the price of a particular product goes high, then the quantity of demand will be reduced. Similarly, if the price of the product is low then the quantity of demanded will be higher.
Here,
Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.
Hence, Option B is the correct option which fulfills the law of demand.
