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TEA [102]
2 years ago
11

Once a month, Morgan buys a case of wine. She will either buy the Charles Shaw brand, the Livingston brand, or the Sutter Home b

rand because she knows that these three brands are inexpensive and tasty. She considers only these three options when selecting her wine. For Morgan, the three brands of wine are a(n):
Social Studies
2 answers:
Zanzabum2 years ago
6 0

Answer: An evoked set

Explanation: An evoked set is defined as alternatives that a consumer considers before making a decision concerning purchase. They are a set of brands that comes to a consumer's mind when s/he thinks of purchasing a product. They are the group of brands most likely to be purchased by consumers. In order to judge the features and benefits of her evoked set, Morgan uses "inexpensive and taste" as standards.

The goal of all marketers is for their brand to be part of an evoked set which has been narrowed down from a total and awareness set.

Eddi Din [679]2 years ago
5 0

Answer:

An evoked set

Explanation:

Evoked set is a set of brands that comes to a consumer’s mind when he thinks of purchasing a product. Morgan only thinks or considers only these options of three brands when she buys a case of wine, which is Charles Shaw, Livingston or the Sutter. It really doesnt matter if these brands are inexpensive or expensive or tasty or not tasty. As far as Morgan selects these set. These set of brands is known as an evoked set

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The example of types of investments on the part of manufacturers that result in growth is research and development. The result of research and development may improve the nations' standard of living. 

 

EXPLANATION

“Research and development” are the type of investment that can be made to improve nations standard of living. Research and development are known as innovative activities that are taken by governments or companies to develop new products, new services, or improve existing products into better products. Research and development constitute the development of the potential of finding new product and service for a better standard of living.

 

Research and development will differ from one institution to another institution. There are two kinds of primary models in research and development. The first one is actually tasked with developing new products or services, and the second one is tasked with research in scientific or technological fields for the purpose to facilitate future product development.  

 

Research and development can differ from the vast majority of corporate activities, from a not intended one into yield immediate profit. Generally, research and development will have a greater risk and uncertain return on investment. Nevertheless, "research and development" are still important for the purpose of finding a better standard of living through new products and services.

 

Research and development have two main purposes, which is to create new products and to create a feature for the existing ones. Investing in research and development might be a good investment for the government so they will better up things through the result of research and development. Therefore, at the end, it will improve nations standard of living.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

Etnographic research: brainly.com/question/8699485  

Researchers can obtain data from school: brainly.com/question/5157597  

KEYWORD: investments, manufactures, research and development

Subject: Social studies

Class: 10-12

Subchapter: Investments

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Explanation:

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