According to the consumer behaviour model presented in the text, the purchase environment includes the shopping experience, point-of-purchase stimuli, and sales interactions.
<h3>The model of customer behavior is what?</h3>
An analytical framework for describing why and how consumers make decisions about what to buy is known as a consumer behavior model. The purpose of consumer behavior models is to depict a predictable path of consumer choices up until conversion, assisting you in controlling each phase of the buyer's journey.
<h3>What is the consumer behavior model proposed by Howard Sheth?</h3>
The Howard Sheth consumer behavior model's basic tenet is as follows: Stimuli serve as the inputs. The results are attention-based responses to a specific stimulus that culminate in purchases. Variables impacting perception and learning exist between the inputs and the outputs.
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Answer:
$900
$10
$10
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
In a perfect competition, price = marginal revenue = average revenue
if price is $10, marginal and average revenue is $10.
total revenue = price per haircut x total number of people he attends to in a week.
total number of people he attends to in a week = 18 x 5 = 90
Total revenue = $10 x 90 = $900
<span>. john's right to hold kelly liable for any damages that he has to pay is the right of: Indemnification
The right of indemnification is the right to obtain compensation if another person is wrongly caused a loss for you. Becuase Kelly avoid the contract, the lawson has to experience a loss from the down payment, so they could sue in order to obtain that down-payment back.</span>
Griffin should report the recurring problem to employees via explanatory email that demonstrates the importance of meetings for organizational effectiveness. Create alternative methods of speech at meetings. Decrease meeting times when possible and focus on the most relevant points. Establish overtime socializing warning policies.
Answer:
variance 0.163849748
Explanation:
The mean average return will be 0.1088
( (0.165 - 0.1088)² + (-0.116-0.1088)² ) / 2 =
( 0,00315844 + 0,05053504 ) / 2 = 0,02684674
Now, we calcualate the root:
²√0,02684674 = 0.163849748