Answer:
<u>Variety seeking </u>
Explanation:
Variety seeking buying behavior refers to consumer behavior wherein, a consumer seeks different kinds of goods and substitutes and prefers variety rather than sticking to one particular product.
Variety seeking consumers don't mind switching from one product to another since they tend to get bored quickly by consuming the same product time and again. Such consumers lack product loyalty and don't forge high involvement or association with any product.
Such behavior is prominent in case of products which don't have significant differences in the quality.
In the given case, Jason has been drinking a particular soda brand for a considerable length of time. Yet, when a new brand emerges and gains popularity, for no valid reason he wants to give it a try. This behavior is variety seeking behavior.
Answer:
<u>Laggards are in the late 16 % of the cycle of adoption of the technology.</u>
Explanation:
- As technology adoption is a sociological model that is based on the acceptance of the newer product or innovation that defines the demographic characteristics.
- Innovators, early adopters, early majority and late majority and laggards are all the demographic and psychological group of people that adopt the model based on the consideration as the flip phone are rarely available and they tend to have lower demands in the market hence only fewer companies keep those models.
- Even though selling them at a lower price they are taken up by laggards as these are ones that usually take the flip phones based on their perception and the trends in the market.
Linda should be advised to be careful in her reinforcement process so that she will not end up reinforcing the wrong behavior. Reinforce is the strategy of changing someone behavior by changing the consequences that follow the behavior. Reinforcement theory states that behavior is a function of its consequences; a behavior that have positive consequences will occur more often and vice versa
Answer:
It is B since control theory focuses on stoping us from deviating
Explanation:
Answer:
Equilibrium price will increase and equilibrium quantity will decrease
Explanation:
As the price of a commodity gets higher the demand will reduce. therefore they will be an abundance of the commodity since it is too hig for the consumers to buy.