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uysha [10]
4 years ago
15

As Quentin checks out of a hotel, he recalls the expectations of quality and service he had upon arriving at the hotel and reali

zes that based on those expectations he is not thrilled with his experience. The type of purchase by Quentin is best described as _________________. search experiential credence quality
Business
1 answer:
prisoha [69]4 years ago
4 0

Answer: Experiential purchase

Explanation:

Experiential purchase is a type of purchase that occurs when consumers want to have an experience out of their purchase.

Examples of experiential purchase are traveling on vacations or attending a concert. In both examples, the consumer wants to have fun and an amazing experience. Quentin wanted a wonderful experience of quality service at the hotel which is an example of experiential purchase.

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The product-variety externality is associated with the A. consumer surplus that is generated from the introduction of a new prod
Vlad [161]

Answer:

A. consumer surplus that is generated from the introduction of a new product.

Explanation:

The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.

4 0
3 years ago
When you were born, your dear old Aunt Minnie promised to deposit $1,000 into a savings account, bearing a 5% effective annual r
seraphim [82]

Answer: $34,502.85

Explanation:

The constant deposits are considered annuities.

The value at the end of 22 years is the future value of the annuity.

Future value of annuity = Annuity * ( (1 + rate)^number of years - 1 ) / rate

= 1,000 * ( ( 1 + 5%) ²² - 1) / 5%

= $38,505.21

Then subtract the future values of the deposits that your grandmother missed.

For the fifth birthday, the future value term will be 22 - 5 = 17 years

For the eleventh, the future value term will be 22 - 11 = 11 years

The amount in the account is:

= 38,505.21 - (1,000 * 1.05¹⁷) + (1,000 * 1.05¹¹)

= $34,502.85

5 0
3 years ago
Costs which can be eliminated in whole or in part if a particular business segment is discontinued are called:
weqwewe [10]

Answer:

Avoidable costs

Explanation:

An avoidable cost is defined as one that an entity will not incur if a particular activity is not undertaken.

In business operations avoidable costs are usually variable costs. These are costs that vary or change in the cost of production. For example wages, cost of raw materials, and labour. These can be avoided depending on business needs.

Costs that are not avoidable are fixed cost. For example rent, insurance, and utilities.

These costs are paid wether production occurs or not.

8 0
3 years ago
Lino is a linebacker on his college football team. He is concerned about achieving adequate hydration during intense, hot summer
dybincka [34]

Answer:

C) 14 cups of water

Explanation:

Athletes should consume between 2 to 3 cups of water or other fluids (like Gatorade) for every pound lost in order to prevent dehydration.

If Lino losses 5 pounds during practice, he should drink between 10 to 15 cups of water. Option C, with 14 cups of water is the only option that falls in that range.

3 0
3 years ago
Who is captain america​
USPshnik [31]

Answer:

a super hero that's part of marvel

3 0
3 years ago
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