1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
2 years ago
6

PLZ HELP. Classify the customer buying motive as rational or emotional.

Business
1 answer:
Lina20 [59]2 years ago
6 0

Answer:

rational

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.

You might be interested in
Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where h
viktelen [127]

Answer:

more hours

Explanation:

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

time is a limited resource that has to be shared between work and leisure. If the opportunity cost of leisure increases, it means he is giving up more work to rest. As a result, he would increase his work hours

3 0
3 years ago
Your friend Jenny says a Roth IRA has the best tax advantages, because you pay taxes now and won't have to pay them when you tak
Tom [10]

Answer:

Right

Explanation:

Right if you expect tax rates to go up or because right now you are starting your career and your tax bracket would be lower now than what it will be later on. When you are older and in retirement, you would want to save your money and not have to worry about any taxes.

7 0
3 years ago
A company that produces detergents wants to estimate the mean amount of detergent in 64-ounce jugs at a 99% confidence level. Th
andriy [413]

Answer:

154 E=.05ounce, σ=0.24 ounce, and z=2.58 for a 99% confidence level n= z^2 * σ^2 / E^2 is the correct answer.

Explanation:

7 0
3 years ago
Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in th
Mamont248 [21]

The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.

<u>Given the following data:</u>

  • Principal = $4,291
  • Interest rate = 2.23%
  • Time = 30 years

To determine the future amount in the account:

Mathematically, the compound interest for this Roth IRA is given by the formula:

A = \frac{P(1\;+\;r)^t -1}{r}

<u>Where:</u>

  • P is the principal.
  • r is the interest rate.
  • t is the number of years.
  • A is the future amount.

Substituting the given parameters into the formula, we have;

A = \frac{4291(1\;+\;0.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.93798684094 -1}{0.0223}\\\\A = \frac{4291(0.93798684094)}{0.0223}\\\\A = \frac{4024.901534474}{0.0223}

A = $180,488.86

Read more on compound interest here: brainly.com/question/25263325

6 0
2 years ago
How did the paleolithic people came to know about fire<br><br>very short ​
Mekhanik [1.2K]

Answer:

There are multiple theories, nobody can be 100 percent sure how but here are 2 main theories:

Explanation:

-Lightning strikes a nearby tree, which catches fire. Frightened but inspired, these cavemen venture out, bring burning sticks back into their cave and learn to use fire.

-They may have used pieces of flint stones banged together to created sparks. They may have rubbed two sticks together generating enough heat to start a blaze.

6 0
3 years ago
Other questions:
  • An HR manager asked every candidate during an interview to describe a situation in the past in which they had to display their l
    10·1 answer
  • Ten years ago you put $150000.00 into an interest earning account. Today it's worth $275000. What is the effective annual intere
    5·1 answer
  • Weatherall Enterprises has no debt or preferred stock¾it is an all-equity firm¾and has a beta of 2.0. The chief financial office
    7·1 answer
  • A sequence of frames or panels that depict a tv commercial in still form is called a(n) _____.
    15·1 answer
  • An exchange rate is 0.7000 and the six- month domestic and foreign risk- free interest rates are 5% and 7% (both expressed with
    15·1 answer
  • An investment adviser has placed an order with the underwriter for 250,000 shares of XYZ stock, a new company that will be liste
    14·1 answer
  • The 1998 annual report for Sears shows that, since 1978, it has experienced dramatic changes in the composition of its workforce
    12·1 answer
  • What is it like to be a criminal in a mixed economy
    8·1 answer
  • At February 1, 2022, the balance in Wildhorse Co. supplies account was $3780. During February Wildhorse purchased supplies of $3
    5·1 answer
  • The FED is often referred to as the "_________________" Bank.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!