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faust18 [17]
3 years ago
13

When experiences are insufficient and the risk of making a wrong decision i high, a consumer is more likely to use _____________

____ for information. Group of answer choices an internal search an external search an experiential search an informal search
Business
2 answers:
Aleksandr-060686 [28]3 years ago
8 0

CORRECT ANSWER:

An external search.

STEP-BY-STEP EXPLANATION:

Where past experience or expertise is inadequate, there is a high risk of making a wrong buying decision and a low cost of gathering information. We have 3 primary sources.

The primary sources of external information are

1-personal sources

2-public sources

3- marketer-dominated sources

olga55 [171]3 years ago
4 0

Answer:

The answer is an External Search.

Explanation:

  • Internal search:  apply previous experience with products or brands (usually for frequent purchases products) .
  • External search: needed when past experience or knowledge is insufficient and the risk of making wrong decision or purchases is high, and the cost of gathering information is low such as searching on internet.
  • Experiential and informal searches are not relating marketing terms in the context.
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Answer: Target state

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3 years ago
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Trainees are put through a two-month school. The fixed cost of running one session of this school is $150,000. Any number of ses
lukranit [14]

Answer:

The airline training school can run maximum of 10 sessions.

Explanation:

There can be 10 sessions which can be held at the training school. The airline school needs to have enough attendants so that they do not run a session in spare capacity. If a session is run with few attendants then it will cost $15,000 per session which is an additional cost burden for the airline training school.

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3 years ago
Explain why economists are concerned with relative scarcity as opposed to absolute scarcity?​
STatiana [176]

Answer:

Absolute scarcity: First, it may be that there are simply insufficient quantities of a resource to meet human needs or wants. ... Relative scarcity: Second, there may be physical quantities of a resource present but scarcity exists because of problems about supply or distribution.Jan 19, 2012

Explanation:

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3 years ago
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Green T-Shirt Processing has a unit sales price of $20 for their t-shirt. The contribution margin percentage is 70%. If they sol
Rom4ik [11]

Answer:

Net operating income= 88,000

Explanation:

Giving the following information:

Selling price= $20

Unitary variable cost= 20*0.3= 6

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<u>We need to calculate the net operating income:</u>

Sales= 20*7,000= 140,000

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Net operating income= 88,000

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3 years ago
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scoray [572]

Answer:

b. how much wealth people want to hold in liquid form.

Explanation:

Money demand refers to the amount of liquid assets or wealth, which can be quickly converted to cash, an individual desires hold at a particular point in time, which enables the individual to easily carry out transactions such as exchange of goods and services. It is simply referred to as the desire of people to hold cash. It does include illiquid physical assets that cannot be quickly converted to cash. It includes cash or bank deposits.

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