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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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Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
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Answer:

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I did this equation and i got 5,880, and i do believe that my work is correct but it may not be so.....

7 0
3 years ago
Which of the following are necessary conditions for successful price discrimination?
mixer [17]

Answer:

d. at least two different markets with different price elasticities of demand

Explanation:

The theory of microeconomics about price differentiation is based on the concept of elasticity of demand. Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

For price discrimination to take place, the offeror must be able to sell the same product at different prices to at least two different groups. This will depend on the price elasticity of consumer demand for the good in each of the markets. Thus, if one group is less elastic than the other, the offeror will be able to sell the goods at different prices.

An example: air market. Consumers are often more price sensitive when traveling for tourism than for business. Thus, a higher price may be charged to executives. which has lower price elasticity of demand than tourists.

6 0
3 years ago
The sum of all the federal deficits over time is known as the
Shkiper50 [21]
<span>The sum of all the federal deficits over time is known as the "national debt".
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National debt refers to the total of all exceptional debt owed by the government. It incorporates the cash the legislature has obtained, as well as the interest it must pay on the acquired cash. The administration strays into the debt when it doesn't gather enough income to cover the costs it brings about from spending on projects, for example, the military, or building streets and extensions. The incomes originate from corporate and salary charges, and the expenses the legislature forces, for example, for visas and travel permits, student loans, and admission to national parks.
7 0
3 years ago
Which of the functions of the Federal Reserve is appropriately matched with its correct​ institution?
alisha [4.7K]

Answer: C

Explanation: C. Holds reserve balances for depository​ institutions; The Federal Reserve Bank. The Federal Reserve operates with a sizable balance sheet that includes a large number of distinct assets and liabilities. The Federal Reserve's balance sheet contains a great deal of information about the scale and scope of its operations. For decades, market participants have closely studied the evolution of the Federal Reserve's balance sheet to understand more clearly important details concerning the implementation of monetary policy. Over recent years, the development and implementation of a number of new lending facilities to address the financial crisis have both increased complexity of the Federal Reserve's balance sheet and has led to increased public interest in it.

Each week, the Federal Reserve publishes its balance sheet, typically on Thursday afternoon around 4:30 p.m. The balance sheet is included in the Federal Reserve's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," available on this website. The various tables in the statistical release are described below, an explanation of the important elements in each table is given, and a link to each table in the current release is provided. The Federal Reserve System is composed of several layers. It is governed by the presidentially appointed board of governors or Federal Reserve Board (FRB). Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks.[15][16][17] Nationally chartered commercial banks are required to hold stock in, and can elect some of the board members of, the Federal Reserve Bank of their region. The Federal Open Market Committee (FOMC) sets monetary policy. It consists of all seven members of the board of governors and the twelve regional Federal Reserve Bank presidents, though only five bank presidents vote at a time (the president of the New York Fed and four others who rotate through one-year voting terms). There are also various advisory councils. Thus, the Federal Reserve System has both public and private components.

5 0
4 years ago
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anastassius [24]
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3 years ago
Read 2 more answers
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