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KengaRu [80]
2 years ago
12

Identify the kind of motivation at play based on the consumer’s behavior in the given scenario. Lila is going to purchase a couc

h. She goes to a local furniture store to explore the options. At the store, she narrows down her choice to two couches. She tells the salesperson that the first is very comfortable, but she loves another, less comfortable couch for reasons she can’t explain. She decides to buy the first couch. When making the purchase decision, Lila displayed motives.
Business
1 answer:
Contact [7]2 years ago
8 0

The kind of motivation at play based on the consumer’s behavior in the given scenario is <u>irrational motive</u>

There are two kinds of motives in consumer behavior which includes:

  • Rational motives: This has to do with making a purchasing decision based on the best decision available that would give maximum satisfaction.
  • Irrational (emotional) motive has to do with those decisions that a consumer makes based on how he <em>feels </em>about a particular product, without considering utility (satisfaction)

Based on the given scenario, we are told that Lila is going to purchase a couch and she goes to the store to get one. When she gets there, she notes a comfortable cushion, but makes the decision to get a less comfortable for "reasons she cannot explain". This is an example of Irrational (emotional) motive

Read more here:

brainly.com/question/14765486

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The U.S. fiduciary monetary system is one where money is not convertible to a valuable commodity such as gold.

Option a

<u>Explanation: </u>

In fiduciary monetary system, the money is issued by the government and the value of the money depends uniquely on faith of the public that the currency represents command over services and goods.  The word fiducia is from Latin and it means trust or confidence.

Fiduciary money includes demand deposits of banks namely checking accounts. Fiduciary money is accepted depending on the trust its issuer commands.

The fiduciary currency is supplied in the economy by Fed. Fiduciary money can be classified into two categories namely,

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8 0
3 years ago
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<span>The answer is true.
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3 0
3 years ago
Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association
Angelina_Jolie [31]
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3 years ago
Using the intuitive least cost method for the given transportation problem, answer the following: Cleveland Dayton Erie Supply A
ch4aika [34]

Answer:

The demand location where demand is unmet is equal to Cleveland. Received only 75 units. 100 units demand is unmet.

Explanation:

Solution

From the example given, we solve for which demand location will have an unmet demand

Now,

The maximum quantity that can be shipped from Allentown to Erie is 100.

The Maximum quantity that can be shipped from Harrisburg to Cleveland is 175

While,

The Maximum quantity that can be shipped from Harrisburg to Dayton is 175

Hence, in case we want an  solution optimum to get the required demand as many as possible with the supply given and with a low costs, then we need to find the optimum solution.

By applying a least cost method called greedy, we need to remove our least costing node and then provide minimum of demand and supply unit a present to each cell.

Thus,

The first least cost is Allentown to Dayton.

From Allentown to Dayton 100 units. Next least cost is Philadelphia to Erie.

From Philadelphia to Erie 150 units. Next least cost is Harrisburg to Erie.

From Harrisburg to Erie 25 units. Next least cost is Harrisburg to Dayton.

From Harrisburg to Dayton 75 units. Next least cost is Harrisburg to Cleveland

From Harrisburg to Cleveland 75 units.

So, for the  optimum solution, the right choice of answer will be

From Allentown to Erie = 0 units

From Harrisburg to Cleveland = 75 units

From Harrisburg to Dayton = 75 units

Therefore, The demand location where demand is unmet  is equal to Cleveland. Received only 75 units. 100 units demand is unmet.

6 0
3 years ago
Accounting records for NIC Enterprises (NICE) for September show the following (each entry is the total of the actual entries fo
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Answer: $263,000

Explanation:

Based on the information given, the finished goods inventory on September 30 will be calculated as:

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= $263,000

Therefore, finished goods inventory on September 30 was $263,000

4 0
3 years ago
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