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gizmo_the_mogwai [7]
3 years ago
11

Amy is shopping for a dress to wear to a formal dance. She tried on several dresses, not even noticing the price of each. After

about two hours of this, she tried one on and exclaimed, "This is it!" That particular dress was the one that she thought made her look fabulous, so she bought it. Which type of choice did Amy use to select this dress?
Business
1 answer:
fredd [130]3 years ago
5 0

Answer: It is called affective choice

Explanation:

Affective decision-making (ADM) is a debatable and predictive theory of individual choice under risk and uncertainty. It generalizes expected utility theory by positing the existence of two cognitive processes – the “rational” and the “emotional".

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The price of the water needs to be raised by 40% when the consumption of water reduces by 10% and the price elasticity of demand results to 25%.

<h3>What is meant by the price of elasticity of demand?</h3>

The price elasticity of demand is determined as the proportionate variation in quantity with respect to variation in the price of a good.

Given values:

Change in water consumption (fall): 10%

Price elasticity of demand: 25%

Computation of percentage change in the price of water:

\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{\rm\ Change \rm\ in \rm\ water \rm\ consumption}{\rm\ Price \rm\ elasticity \rm\ of \rm\ demand} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{10\%}{25\%} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=40\%

Therefore, there is an increase in water price by 40%.

Learn more about the price elasticity of demand here:

brainly.com/question/15010897

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6 0
2 years ago
When you share a board with a team member in hootsuite analytics, you can allow that team member to adjust the parameters of the
Vesna [10]

The answer is: "can-edit"

By setting this permission, this mean that all the people that has been granted an access to the board has the authority to make any changes on the board. This allow workers to divide their labors even if they are not physically close with one another. (for example, it usually used by tech company that hire freelancers from another country)

7 0
3 years ago
Read 2 more answers
What is drill-down capability?a. Involves the aggregation of information and features simple roll-ups to complex groupings of in
MissTica

Answer:

The answer is C.

Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.

What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.

6 0
3 years ago
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People of all backgrounds, occupations, and income levels wear watches but rolex focuses only on the high-income portion of the
maks197457 [2]

Rolex uses a <u>"single-segment"</u> strategy.


The single segment strategy includes the utilization of just a single marketing mix for one market segment.  

The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just  who meet the attributes of that single segment.

3 0
3 years ago
Which of the following would be an example of mechanical convection?
sdas [7]

Hi!


Option A is correct.


In cooking, convection is the phenomena that causes molecules with a higher energy at the bottom of a container to travel upwards, and the molecules at the top with a lower energy to sink to the bottom and replace them.

Mechanical convection describes this phenomena as a result of the application of an external force.

This phenomena is restricted to substances that are in liquid, or gaseous state, as molecules of a substance in solid state have a very restricted movement.

Hence, options B, C and D are incorrect.


Hope this helps!



3 0
3 years ago
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