Answer: Our brain perceives something more expensive as being better, just as the study by Stanford University and Caltech did an experiment in which participants should try two low quality wines (unaware of this information). They were informed that one wine cost $ 5 and the other $ 45. Through brain mapping, the researchers found that participants felt more pleasure when they tasted the wine they believed to cost $ 45.
The correct answer would be, Trialability.
In the context of product adoption and diffusion, Blush Clinique illustrates the characteristic of Trialability.
Explanation:
When customers can try a new product or service easily, it is called as the Trialability. As its name suggests, Trialability is something when customers take a trial of a product or service.
Trialability is very important in launching new product. Companies use this technique to test their innovative product or service to see the true value of the new innovative product.
Customers can be amazed or disappointed by the new product Trialability. In this way companies come to know about the feedback for their product or service first handed.
In the given example, when Blush Clinique introduces a range of cream based lipsticks, it puts up booths in all the high end malls of the city, so that visitors come and check the sample product. In this way the chances are high for the customers to adopt the product after trial.
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Answer:
The airlines base the policy on the assumption that the consumer demand is less elastic as time of departure approaches.
Explanation:
Price Elasticity of Demand refers to price sensitivity; i.e. the rate at price changes with demand.
As the purchase and flight departure gets smaller, the arrival rate of the passengers will definitely change.
When the demand of a commodity is less elastic, then it will cause a large changes in price of that commodity to effect a change in quantity consumed.
I believe the answer is D.<span>councils people with adjustment and life stress problems
Counseling psychology cover a wide aspect of psychological specialty. Ranging from career development, Stress management, Mental disorder prevention, personal development, attitude adjustment, supervision and training, developing hobbies&interest, etc.</span>
