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konstantin123 [22]
3 years ago
14

For most people, the purchase of a Ford automobile would employ which type of consumer decision making? a.Generic decision makin

g b.Extended decision making c.Routinized decision making d.Limited decision making e.Impulse buying Due to the high risk of financial loss of future purchasing power, for most people, automobiles have _____. a.routinized involvement b.low involvement c.extensive involvement d.enduring involvement e.situational involvement
Business
1 answer:
sashaice [31]3 years ago
8 0

Answer:

1. B

2. E

Explanation:

1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.

2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.

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The statement given is TRUE:

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3 years ago
Suppose that an industry is characterized as follows: C  100  2q2 each firm’s total cost function MC  4q firm’s marginal cost
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What is company culture? what role does it play a small company's success? what threats does rapid growth pose for a company's c
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3 years ago
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The
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Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

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Explanation:

  • Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
  • The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
  • The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
  • The option c is correct as it is in accordance with Uniform Probate Code.
  • The option d is incorrect as state can't inherits the entire estate in the presence of heirs.
6 0
2 years ago
Suppose there is a product that is being sold in a perfectly competitive market. If the market price of the product falls​, prod
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Decrease; Less

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When the market price of a product falls, the producer surplus will decrease as well.  

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