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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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Explanation:

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In the United States, bank deposits up to a certain amount are insured by the FDIC.
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5 0
3 years ago
Read 2 more answers
Suppose that initially a bank has excess reserves of $800 and the reserve ratio is 30%. Then Andy deposits $1,000 of cash into h
ratelena [41]

Answer:

excess reserves after lending  = $900

so correct option is C) $900

Explanation:

given data

reserves = $800

reserve ratio = 30%

deposits = $1,000

bank lends = $600

to find out

That bank can lend an additional

solution

first we get required reserves from new deposit that is express as

required reserves  = deposit × reserve ratio      ......................1

put here value

required reserves  = $1000 × 30%

required reserves  = $300

and

now excess reserves from new deposits will be  

excess reserves = deposits - required reserves     .......................2

put here value

excess reserves = $1000 - $300

excess reserves  = $700

and

total excess reserves  will be here

total excess reserves = old excess reserves + new excess reserves     ...........3

put here value

total excess reserves =  $800 + $700

total excess reserves = $1500

so that

excess reserves after lending is here express as

excess reserves after lending  = excess reserves - amount given to Molly   ..........................4

put here value

excess reserves after lending  = $1500 - $600

excess reserves after lending  = $900

so correct option is C) $900

3 0
4 years ago
David opened a savings account that pays 1.7 percent interest annually. if his initial deposit is $250, how much interest will h
Agata [3.3K]
The answer is $1.06
$250 x .017 = 4.25   
(1.7 percent = .017)
4.25 / 12 (months) = .354
.354 x 3 = 1.06
4 0
4 years ago
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