Answer:
Urgency / Postponement leads to customer inelastic demand of ice melt.
Explanation:
Elasticity of demand is responsive change in demand of good, due to change in price. Formula = % change in demand / % change in price
Factors Affecting Price Elasticity of Demand : Nature of commodity, Income, substitutes availability, time period, urgency / postponement, share in total expenditure,
Inelastic Demand is when demand responds proportionately less to price change. % change in demand < % change in price
Case 'Customer critically needs ice melt to drive to work' : This has inelastic demand i.e demand less respondent to price changes (he will buy that at high price too). Such because of the urgency of this demand & less scope of its postponement.
Answer:
Variety-seeking.
Explanation:
Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.
Answer: Perception of the society towards this.
Explanation:
When citing an industry or production site in a locality most often capital is required to get this done but in many scenario capital doesn't seems to be the problem, as the location where these industry is aimed to be planted may likely have an issue with the residents of that environment as regards planting the industry. Some times these opposition is done for obvious reasons as regards health consideration which comes with noise and air pollution but some other times there may be unjustifiable reasons for these not to be planted, probably due greed or the community seeks a share in the resources or return in investment when the firm is planted in their resident. This is a complex problem.
A simple problem would be closeness to the market. If the product in question is desired by the residents in that area, even though the manufacturer might want to be exporting but it'll be a big plus if the residents consider his products more than the external environment.
Nimby can defined as when an individual or a group opposes a decision for the citing of infrastructure and industies in their environment, claiming them to be hazardous to the residents of the environment.
This comes into play for the complex decision because if those residing in the environment don't give a "go ahead" for planting of the industry it won't be successful.
I believe the answer is: A. the interest rate on your loan will be fixed over time
.
There are two things that separate a student loan with any other type of loan. The first one is that there is no time limit of when the student loan must be paid. The second one is that unlike any loan, student loan would not dissapear even if you declare a personal bankruptcy.
Answer:
Option A is the correct answer - Linda, whose moral reasoning is based on the approval of other people
Explanation:
In stage three of Kohlberg's theory of moral development, the individual (such as Linda, mentioned in the question) set out to do the things that are considered “right” because it is good, not only for the family, but also for the school, church or peer group.
This stage, often known as the "good boy/good girl" stage, has morality, often spelt out as acting in conformity to what the social group general requires to be right and moral.
