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Novay_Z [31]
3 years ago
15

What are some of the strategies that you currently use to make consumer

Business
2 answers:
horsena [70]3 years ago
8 0

<u>Answer:</u>

Consumer behavior considers numerous reasons why individual, situational, mental, and social individuals look for items, purchase, use, and afterward discard them.

Evaluative criteria are positive qualities that are imperative to you, for example, the cost of the knapsack, the size, the number of compartments, and shading. A portion of these attributes are valued highly as compared to others. For instance, the size of the rucksack and the cost may be more imperative to you than the shading except if, state, the shading is hot pink, and you despise pink.

Anna11 [10]3 years ago
8 0

Question:

What are some of the strategies that you currently use to make consumer buying decisions? Do you think your strategies are helping or hindering your financial plan? Why? Are there improvements that you could make in your buying decisions?

Answer:

     Some strategies that I currently use to make consumer buying decisions include wondering if their is a better prices if so how much, where would it be considered. Considering numerous reasons of an individual, situational, mental, and social people look for items, purchase, use, and afterward discard them if not useful, or broken, don't fit, don't want, etc........ There are improvements I could make in my buying decisions including if the cost of a backpack, is a portion of attributes that get valued very highly when compared to others. For instance, whats the size, what the cost, could there be a more imperative price.

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What is the difference between industrial and consumer goods?
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LINK TO WHERE I FOUND THAT INFO:
https://www.investopedia.com/ask/answers/050415/how-are-industrial-goods-different-consumer-goods.asp

Hope that helped have a great day! :)
4 0
3 years ago
Read 2 more answers
If a 20 percent increase in the price of red bull energy drinks results in a decrease in the quantity demanded of 25 percent, th
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The correct answer is that the price elasticity of demand is elastic.

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3 0
3 years ago
Ronny's Pizza House is a profit maximizing firm in a perfectly competitive local restaurant market, and their optimal output is
olya-2409 [2.1K]

Answer:

A firm maximizes its accounting profits when marginal revenue = marginal costs. In this case, the $250 tax, would increase the price of pizzas by less than 1 cent per pizza since total production = 80 pizzas x 360 days = 28,800 pizzas per year. Even if the restaurant only opens 6 days a week, its total production is very close to 25,000 pizzas. So the impact of the tax is really minimum.

If Ronny (I guess that is the owner's name) really wants to keep maximizing his profits, then he should increase the price of each pizza by 1 cent. The price increase will be minimum and very few customers will probably even notice.

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