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![23. The law of consumer surplus is based
on
A. O Indifference curve analysis
B. O Revealed preference theory
C. O Law of substitution
D. O The law of diminishing marginal utility](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea34b0d3-894e-406f-add9-9b5791195070%2Ff93af999-aa30-4490-9cc4-7bcc41d4767c%2Fnzu74hx_processed.jpeg&w=3840&q=75)
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- SUAL 10 40 Choose the correct sequence of Maslow's hierarchy of needs 1. safety needs 2. physiological needs 3. esteem needs 4. social needs 5. self-actualization Vacaf Telman CAVAB Myya 1, 2, 3, 4, 5 1, 3, 2, 4, 5 2, 1, 3, 4, 5 1, 2, 4, 3, 5 Əvvəlki Növbəti Bütün suallar Qeyd olunanlar Cari Vəziyyət 82F Sunny a q AZE 15: 18.06 TOSHIBAAn automobile manufacturer observes the demand for its brand increasing as per capita income increases. Sales increases also follow low interest rates, which ease credit conditions. Buyer purchase behavior is seen to be dependent on age and gender. Other factors influencing sales appear to fluctuate almost randomly (competitor advertising, competitor dealer discounts, introductions of new competitive models).a) If sales and per capita income are positively related, classify all variables as dependent, independent, moderating, extraneous, or intervening.b) Comment on the utility of a model based on the hypothesis.example and definition for the following Marketing Decision Support System (MDSS) Quantitative researchQualitative researchValue appraisalEconomic costs
- Explain how asymmetric information in markets can potentially cause a lemons problem. To what extent does research literature find evidence of adverse selection in the used-car market?4. What is the correct order of Maslow's Hierarchy of Needs, starting at the lowest, most basic level: Group of answer choices Physiological needs, Love & Belonging, Safety & Security, Self-Esteem, Self-Actualization Physiological needs, Safety & Security, Love & Belonging, Self-Esteem, Self-Actualization Physiological needs, Love & Belonging, Safety & Security, Self-Actualization, Self-Esteem Physiological needs, Safety & Security, Self-Esteem, Love & Belonging, Self-ActualizationExplain the DECISION TREES?
- Identify the F group incoterms conditions and its types, differentiate them. Provide with an example?Consumer decision is a careful evaluation of the attributes of a set of products, brands, or services and rationally selecting the one that solves a clearly recognized need for the least cost. a) Discuss the four views of Consumer Decision Making (an economic view; a passive view; a cognitive view and an emotional view); b) Discuss Consumer Decision Making Process in detail.1. A market researcher company requested all teachers of a school to fill up a questionnaire in relation to their product market study. The following are some of the information supplied by the teachers: • highest educational attainment• predominant hair color• civil status • brand of laundry soap being used• total household expenditures last month in pesos• number of children in the household • number of hours standing in queue while waiting to be served by a bank teller• amount spent on rice last week by the household• distance travelled by the teacher in going to school• time (in hours) consumed on Facebook on a day. Question: If we are to consider the collection of information gathered through the completed questionnaire, what is the universe for this data set? 2. Refer to problem number 1. Which of the variables are qualitative? 3. Refer to problem number 1. Which of the variables are quantitative? Classify further as discrete or continuous.