subject
Business, 04.11.2019 21:31 Lianabel0517

Behavioral economist richard thaler has studied several examples of how businesses make use of inconsistencies in consumerdecision-making. which of the following is an example of this? an example of businesses taking advantage of inconsistencies in consumer decision-making is

a. one hotel, such as marriott, attracting customers from another hotel, such as hilton hotels, by advertising thatmarriott's "add-ons" are more fairly priced than hilton's.
b. photographers requiring consumers to pay to develop every picture on a role of film even for pictures the consumer doesn't like or that are fuzzy.
c. banks increasing the price of a checking account and removing other costs to consumers such as atm fees, returned checkcharges, and minimum balance fees.
d. office supply stores requiring consumers to purchase"add-ons," such as an ink cartridge, at the same time that consumers purchase a "base good," such as a printer.
e. credit card companies not allowing stores to charge a fee to consumers if they pay with a credit card but allowing stores to provide a discount to consumers if they pay in cash.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 16:40
Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.
Answers: 1
question
Business, 22.06.2019 19:40
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
question
Business, 22.06.2019 20:50
Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?
Answers: 3
You know the right answer?
Behavioral economist richard thaler has studied several examples of how businesses make use of incon...
Questions
Questions on the website: 13722363