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Contact [7]
3 years ago
5

Ying purchased a new brand of laundry detergent. When she used the detergent for the first time, she was highly frustrated becau

se of its bad odor. However, over time, she becomes satisfied with the detergent's performance as it removes stains effectively. In this scenario, Ying can be referred to as a: _____.
A) brand addictive consumer
B) high-involvement consumer
C) low-involvement consumer
D) brand independent consumer
E) risk averse consumer
Business
1 answer:
Sedbober [7]3 years ago
3 0

Answer: C. Low-involvement consumer

Explanation:

A low-involvement consumer could be described as someone who does not observe much risk in a product after purchase and could continue using the product due to his or her reservation on the product instead of returning to the retailer where it was gotten. Ying discovers that she can manage the detergent as long as it's able to remove stain from her cloth even though it has a bad odour. She is seen as a low-involvement consumer.

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What types of planning do you do in your personal life? Describe these
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Answer:

Every day we perform series of activities in which few are very important while other may not be. But to perform every activity, we need to design the things systematically. We prioritize our activities as per their importance and then we take the action to make it fruitful. As per their value and importance we may develop following types of plan in our daily life;

Strategic or operational plan: Strategic or Operational Plan means an arsenal plan which tells how we can achieve the ultimate goal of our given task by creating clear and defined steps. As an operational plan, if we have an important task in our hand then we have to create step by step action which is oriented towards achievement of overall objective. Eg: If Periodical exams are due for...

4 0
3 years ago
Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (
tatuchka [14]

Answer:

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

8 0
3 years ago
Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False a.
poizon [28]

Answer:

a. Curve MM is more elastic between points A and C than curve NN is between points A and D: TRUE

b. Between points A and B, curve LL is unit elastic: FALSE

c. Between points A and D, curve NN is inelastic: TRUE

Explanation:

Elasticity is the responsiveness of quantity demanded or quantity supplied to a change in the price. There are five categories of elasticities:

1. Perfectly elastic: Quantity changes even without a change in price. Curve is a horizontal line.

2. Elastic: Change in price is smaller than a change in quantity. Curve has a smoother slope.

3. Unit elastic: Change in price causes a proportionate change in quantity. Curve is a rectangular hyperbola.

4. Inelastic: Change in price causes a smaller change in quantity. Curve is a steep slope.

5. Perfectly inelastic: Change in price causes no change in quantity. Curve is a vertical line.

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3 years ago
Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance? Your basement floods, c
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