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MrRa [10]
3 years ago
5

Research has found that for many products, including soft drinks, coffee, and cosmetics, consumers are unable to distinguish amo

ng brands in blind tests (i.e., taste or other use of the products without labels). nonetheless, even when prices are similar, consumers have strong preferences for specific brands. they may buy out of habit, which is the basis of
Business
2 answers:
Alchen [17]3 years ago
6 0
<span>They may buy out of habit, which is the basis of routine problem solving. Routine problem solving is defined as associating one type of operation for problem solving with what seems to be correct in nature to that person. Though it has been shown that people without seeing the brand they are familiar with are able to distinguish between products, once they see the brand they are use to they stick with it. People like to stick with what they know and are comfortable with even if the quality of something else is the same. </span>
Leona [35]3 years ago
3 0

The correct answer is routine problem solving. Routine problem solving is being defined as having to associate at least one arithmetic operations or even a ratio in regards to solving problems that are likely to be practical in nature or in the environment.

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8 0
3 years ago
Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate
notka56 [123]
Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%

Filling in gives:
tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%
3 0
3 years ago
Which of the following is true about investors who buy preferred stock?
raketka [301]
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7 0
3 years ago
Read 2 more answers
Total costs for Locke​ &amp; Company at 120 comma 000 units are $ 329 comma 000​, while total fixed costs are $ 175 comma 000. T
Yuliya22 [10]

Answer:

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000=  $ 333,667

Explanation:

Locke​ & Company

Total costs                 $ 329, 000  

Less Fixed Costs   $ 175, 000

Variable Costs $ 154,000  for 120,000 units

For 1 unit Variable Costs are = $ 154,000/120,000= $1.2833

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000=  $ 333,667

The total Costs for 260,000 units would be determined by  adding Variable Costs and Fixed Costs.

We Suppose the fixed costs are same then = 333,667 + 175,000= $ 508,667

3 0
3 years ago
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Which of the items listed below are public services commonly found in societies?
Law Incorporation [45]

public schools and public water supply

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