Many brands are offered in the market or through on-line marketing. In this regard, your parents asked you to decide what brand are you going to buy for use in your studies. You’re too excited to purchase a mobile phone or a laptop.   1. Describe the process that you went through in your purchase that need thorough deliberation. 2. Did you go around to look for the best price? 3. Did you choose quality over price or vice versa? 4. What is your deciding factor in choosing the product?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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We are all affected by the spread of corona virus since March, 2020 that led to the decision of the Department of Education to move the opening of classes from June, 2020 to October 5, 2020. The Department of Education through the guidance of the IATF decided that the Learning Delivery Mode is
Modular and Online method of instruction hence face to face modality is
prohibited. This development led to the high demand of gadgets and modern
technology. Stakeholders especially the parents wanted the best for their
children. They seek for the best gadgets and suppliers in the market. Many
brands are offered in the market or through on-line marketing. In this regard,
your parents asked you to decide what brand are you going to buy for use in
your studies. You’re too excited to purchase a mobile phone or a laptop.

 

1. Describe the process that you went through in your purchase that
need thorough deliberation.
2. Did you go around to look for the best price?
3. Did you choose quality over price or vice versa?
4. What is your deciding factor in choosing the product?

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