__________ encourages consumers to make purchases based on emotion, rather than rational considerations about the price.

Answers

Answer 1
Psychological Pricing encourages consumers to make purchases based on emotion, rather than rational considerations about the price.

The most common way markets do this, is by pricing a product in a way that makes it look like it's on sale, or significantly cheaper, though it's not. This has happened to me before in a grocery store, I noticed the price was reduced from $2.89 to $2.79 and even though it's only a $0.10 difference (that I am aware of now) at the time I believed it was a larger difference. Retailers are able to tug at consumers emotions by having BOGO sales as well. 

Related Questions

What is the last step in the vehicle starting procedure?

Answers

Hold you foot on the brakes, put key in Ignition twist key Clockwise until the Engine Starts, then just let the key go, and your car is up and running

You conducted a study on the efficacy of seatbelt use against the incidence of a skeletal fracture among persons involved in an automobile crash. the cases in each study were persons who sustained a fracture in a car crash. controls were persons in crashes who did not sustain a fracture (assume all other characteristics and exposures were identical). 1,000 cases and 1,000 controls were enrolled in this study; of the cases, 322 had worn seat belts whereas 500 of the controls had. what is the study design?

Answers

The study design used in this scenario is an Epidemiological study design/ Epidemiologic study design. This type of study compares 2 groups whose characteristics are the same except for one factor. This type of study is usually used in the medical field. The purpose of a study design such as this is to determine if a factor is associated with health defects or injury.

If the Federal Reserve sells $60,000 in Treasury bonds to a bank at 4% interest, what is the immediate effect on the money supply?

Answers

It is decreased by $60,000. Hope that helps Apex User

Answer:

the money supply will decrease by $60,000

Explanation:

When the FED sells securities, it is carrying out a contractionary monetary policy, which will decrease the money supply and increase the interest rates. Contractionary monetary policies are used to lower the inflation rate.

A Roth IRA and a Tax Deferred investment plan are just two of many ways you can invest into for your retirement. If you wanted to contribute amounts greater than $5,000 a year, which of the two investment plans would you consider and why?

Answers

If I want to contribute amounts greater than $5,000 on an annual bases, I would consider the Tax Deferred Investment Plan; the Tax Deferred Annuity most suitable in this situation because a Roth IRA has a contribution limit of $5,000 annually, whereas the Tax Deferred Investment Plan has no contribution limit.

If an amount greater than $5,000 is made on an annual bases, then the Tax Deferred Annuity will be the best investment plan. A Roth IRA will only allow a maximum of $5,000 to be deposited annually, where as the Tax Deferred Annuity has no contribution limit.

Which description best defines the field of economics? a. the study of the four factors of production b. the study of how nations decide what to produce c. the study of how people use scarce resources to meet unlimited wants d. the study of opportunity costs

Answers

The answer is most definitely C.

Final answer:

Economics is the study of how people use limited resources to satisfy unlimited wants, focusing on the allocation of scarce resources, including time.

Explanation:

The description that best defines the field of economics is that it is the study of how people use scarce resources to meet unlimited wants. Economics involves individual decisions, family decisions, business decisions, or societal decisions. Scarcity is a central concept in economics, referring to the limited availability of resources such as labor, tools, land, and raw materials which are needed for the production of goods and services. Since these resources are limited, the economy must make choices regarding their allocation. Additionally, time is considered a scarce resource; everyone has only 24 hours a day to allocate towards earning income, leisure, or sleep.

6.  The purpose of applying for a patent is to protect the company’s right to  (1 point)
A. produce and sell an invention.
B. pursue the development of an invention.
C. keep new product development secret.
D. market new products over the Internet.
7.  Companies are using social media in their marketing strategies to allow  (1 point)
A. customers to post comments in support of their products.
B. two-way conversations with customers and prospective customers.
C. easy access to customer databases for one-to-one marketing.
D. announcements to reach a larger audience.
8.  Which of the following is a criticism of cause-related marketing?  (1 point)
A. Cause-related marketing is more of a strategy for selling than giving.
B. Cause-related marketing is placing the burden of giving on the consumer instead of the company.
C. Cause-related marketing is becoming commonplace, and consumers are just ignoring it.
D. Cause-related marketing is shown to hurt rather than help a company in the long run.
9.  Which of the following is not a customer market targeted by companies?  (1 point)
A. cultural markets
B. reseller markets
C. government markets
D. consumer markets
10.  In the product development process, marketers should treat their suppliers  (1 point)
A. strictly as vendors to avoid relationship issues.
B. with professionalism, but without developing too close of a relationship.
C. as partners to ensure product success.
D. like part of the family, with suppliers working alongside the marketing team.

Answers

It should be noted that the purpose of applying for a patent is to protect the right is the company to B. pursue the development of an invention.

What is a patent?

A patent simply means the exclusive right that's granted for an invention.

Companies are using social media in their marketing strategies to allow announcements to reach a larger audience. Social media marketing is the use of social media platforms to promote a product or service.

A criticism of cause-related marketing is that cause-related marketing is more of a strategy for selling than giving. Cause marketing simply means a collaboration between a for-profit business and a nonprofit organization which is done for a common benefit.

The option that is not a customer market targeted by companies is cultural markets. It should be noted that market culture emphasizes competitiveness between the organization, market competitors, and employees.

In the product development process, marketers should treat their suppliers with professionalism, but without developing too close of a relationship.

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As part of the decision-making process in positioning, marketers must define the competitive advantage, which means to __________.

Answers

The competitive advantage is a situation in which a business is superior to another. Before a company starts developing their marketing strategy they look at their product as opposed to another companies' product. The main goal of a competitive advantage is to produce a product that's better than another companies product but at a lower price or better quality.  

Harold, president of a national stationery store, believes that the business has a responsibility not only to stockholders but also to customers, employees, suppliers, and the general public. harold subscribes to the ____________ of social responsibility.

Answers

I'm not really sure but i would say socioeconomic model is the answer to your question.

Harold, president of a national stationery store, believes that the business has a responsibility not only to stockholders but also to customers, employees, suppliers, and the general public. harold subscribes to the socio-economic model of social responsibility.

Why is social responsibility important?

Companies and consumers may both use social responsibility as a platform to positively influence local and international societies. Businesses that launch a social responsibility program consistent with their principles stand to gain more loyal and devoted customers.

According to the ethical principle of social responsibility, each person is responsible for carrying out their civic responsibilities, and their deeds must benefit society as a whole. The welfare of society and the environment must coexist in harmony with economic growth in this manner.

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If a reader asks "who originally collected the data being reanalyzed?" or "when were the data collected?" that reader is most clearly examining issues that focus on

Answers

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That reader is most clearly examining issues that focus on the analysis of existing statistics.

What do you understand by the word statistics?

Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional, to begin with, a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as all people living in a country or every atom composing a crystal. Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.

When census data cannot be collected, statisticians collect data by developing specific experiment designs and survey samples. Representative sampling assures that inferences and conclusions can reasonably extend from the sample to the population as a whole. An experimental study involves taking measurements of the system under study, manipulating the system, and then taking additional measurements using the same procedure to determine if the manipulation has modified the values of the measurements.

In contrast, an observational study does not involve experimental manipulation.

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A mentor is a person who is advised, trained, or counseled by a trusted mentee.

A) True
B) False

Answers

The answer is false. Hope it helps! :)

Answer:

False

Explanation:

4. Which of the following parts can be stored outside without contaminating the environment? A) Brake master cylinders B) Windshields C) Batteries D) Gas tanks

Answers

b.windshields
the other will all cause some sort of contamination

The answer is: B. Windshields

Batteries, brake master cylinders and gas tanks contained chemicals that can be absorbed into the ground and contaminated the environment if stored outside. Windshields on the other hand is made of glass and one of the car parts that is not exposed to chemicals. This is why it is  safe to store windshields outside.

What is a data pattern that repeats itself after a period of days weeks months or quarters?

Answers

Seasonality is a data pattern that repeats itself after a period of days, weeks, months and quarters. Seasonality data is known for repeating itself overtime and is measurable in this way. An example of seasonality is with those that study the stock markets. They watch for seasonality to base their investments off of and know when to put in or pull out money. 

Dawn wang heads an ad agency in texas and regularly needs to work with​ copywriters, artists, and designers to come up with effective branding solutions for products. for one of the​ company's esteemed​ clients, wang and her team need to brainstorm ideas for a slogan for the​ client's new line of clothing. in such a​ situation, why is it particularly important for wang to keep her team​ happy?

Answers

People are more creative and produce more ideas when they are in a good mood. 

Milo can afford a $900 monthly mortgage payment. If the current mortgage rates are 5% and he wants a 30-year mortgage, what is the maximum amount he can afford to borrow?

Answers

Approximately $167,653. First, you compute the number of periods as 30 years multiplied by 12 months to get 360 monthly periods. Next, you compute the monthly mortgage rate as 5% divided by 12, or roughly 0.42%. Then, using a payment of $900 monthly, 0.42% for the interest rate, future value of $0, and 360 monthly periods, you compute the present value (PV) as $167,653. 

Answer: $167,653 APEX

A greenfield investment is the best choice​ when:
a. government mandated benefits are high
b. the investor has a lack of capital
c. ​there's a lack of suitable potential employees
d. sustainability is at the core of the corporate mission
e. a suitable acquisition target​ doesn't exist

Answers

a suitable acquisition target doesn't exist

A greenfield investment is the best choice when a suitable acquisition target doesn't exist. A greenfield investment is a foreign direct investment where a parent company builds its operations in a foreign country from the ground up. These projects can usually also include the building of new distribution hubs, offices and living quarters.

In which situation would a savings bond be the best investment to earn interest?
if you need access to your cash quickly
if you are saving each month for a new car
if you are putting aside a chunk of money to purchase a house in five years
if you have a large amount of money to save at one time

Answers

For the answer to the question above, the best savings bond and the best investment to earn an interest is that if
you are putting aside a chunk of money to purchase a house in five years. Real Estate is a good business. It can give you a good investment in the U.S.
In which situation would a savings bond be the best investment to earn interest? You are putting aside a chink of money to purchase a house in 5 years. If you are able to put a chunk of money in a savings bond for a set amount of years, that will allow you to grow your funds and interest on your return at a faster rate. if you need the money quickly it is not smart to put it in a savings bond as some have a limit on how long the funds need to be in there and others will charge you if you remove funds early.

The minutes of the Safety Team's April meeting including a header with the meeting name and date. They also include an opening, a list of actions taken, a closing, and a signature. What is missing from the minutes?

A. A persuasive conclusion
B. A list of who attended
C. A list of costs
D. Criteria for decision making

Answers

The correct answer is B

The correct answer is B. A list of who attended

Explanation:

Minutes are documents written to register important details during meetings or similar events. These documents often include different sections, in the first section it is common to find a header with the meeting name and date, the names of the people who are in the meeting, the hour and place of the meeting, this is followed by details related to the meeting itself such as the actions that occur during it, and finally there is a closing and signature of the participants. This means, in the case of Saftey Team's April meeting the minute is missing the list of who attended as this is an essential element in this type of documents that should be included in the first section.

A __________ is a business message that suggests a solution to a business problem.

Answers

fallacy i'm not sure though-

The annual percentage rate indicates the amount of​ interest, including the effect of any compounding.
a. True
b. False

Answers

IT'S A. I JUST DID IT.

when a country has favorable trade balances, its currency is usually stable or rising

true or false

Answers

The answer is true. When a country has a favorable trade balance that means is has a either equal or enhanced rate of income on the trade market. China is a really good example of a favorable balanced country, they trade with all parts of the world and make income. America is a bad example of a favorable trade balance, America has a dept to China mostly. 

True or false: when both the demand and supply curves shift, the curve that shifts by the larger magnitude determines the effect on the undetermined equilibrium object.
a. True
b. False

Answers

I believe the correct answer is A or True. If this answer helped you and was correct you can name me "Brainliest." ty :) 
Final answer:

The statement is true. The final effect on the equilibrium price and quantity when both demand and supply curves shift depends on which curve shifts more.

Explanation:

The statement is true. The effects on the equilibrium price and quantity after both demand and supply curves shift depend on the magnitude of the shift in each curve. If the demand curve shifts more than the supply curve, then the effect on the equilibrium price and quantity will be determined by the demand curve. Conversely, if the supply curve shifts more than the demand curve, then the effect on the equilibrium will be dictated by the supply curve.

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Your automobile insurance includes premiums of $510 for liability, $220 for collision, and $130 for comprehensive. what is your total premium?
a. $510
b. $640
c. $860
d. $1,240

Answers

To get the total insurance premium, just add the three premiums:Total premium = liability + collision + comprehensivewhere:liability = $510collision = $220comprehensive = $ 130Total premium = $510+$220+$130                         =$860

Based on the given data the total premium will be  $860. Thus the correct option is C.

What is Premium?

The policyholder pays money to the insurer on a regular basis to cover his risk is called a premium. An insurance premium is the amount of money that is paid by a person, organization, or corporation in order to use an insurance policy.

An agreement for insurance transfers the risk from the insured to the insurer. The insurer demands payment in the form of a premium in exchange for taking on this risk.

To calculate the total premium

Total premium = liability + collision + comprehensive

The given information states that

liability = $510

collision = $220

comprehensive = $ 130

Total premium = $510+$220+$130

                        =$860

Therefore, option C is appropriate.

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An offer to enter into a contract can be terminated by

Answers

Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be sufficiently definite and certain.
An offer to enter into a contract can be terminated by lapse of time, revocation ,
counteroffer, rejection, death or incompetency of the offeror or offeree, destruction of the subject.  

explain how consumer sovereignty operates in the marketplace to determine the success or failure of an entrepeneur

Answers

alternative 2 apex response

Consumer sovereignty determines entrepreneurial success or failure by allowing consumers to 'vote' with their purchases, influencing which businesses thrive or falter based on their ability to meet consumer demands and preferences.

Consumer sovereignty operates in the marketplace by allowing consumers to essentially 'vote' with their purchases. This sovereign consumer power determines the success or failure of entrepreneurs. In a free market economy, companies that provide products or services that align with consumer wants and needs will likely succeed. Conversely, those unable to meet these demands may face failure. Examples of consumer sovereignty in action can be seen in various industries, like the automobile industry, where consumer purchases and refusals to purchase directed the market and influenced profits and losses.

Furthermore, consumer preferences force businesses to make continuous changes, adaptations, and adjustments over the years to stay relevant and profitable. The assertion that 'the customer is always right' and the Latin phrase 'De gustibus non disputandum est' reflect the core of consumer sovereignty, underscoring that tastes, preferences, and ultimately, consumer choices, are indisputable drivers of the market.

________ data, or the facts and figures that have already been collected about coffee collective prior to the research at hand, might include previous years' budgets, old coffee collective marketing activities, internal sales figures, and customer emails.

Answers

The term secondary data denotes the facts and figures that have already been collected prior to the research at hand. In this case the data is about coffee collective and secondary data in this case might include previous years' budgets, old coffee collective marketing activities, internal sales figures, and customer emails.Primary data on the other hand are facts and figures that are collected as part of a projec

Answer: secondary data  

Secondary data or the facts and figures that have already been collected prior to the research at hand, might include previous years' budgets, old collective marketing activities, internal sales figures, and customer emails. All the data that was collected for any other purpose but is available for current use and is helpful in the research being done is secondary data. In contrast, primary data is the research done first hand and is up to date.

In the olympic organizational structure national governing bodies (ngbs) report directly to

Answers

In the Olympic organizational structure national governing bodies (NGBs) report directly to National Olympic Committee (NOCs) and International Federations (IFs).
The NOC is a national organizing committee and IFs are responsible for the integrity of their sport on the international level. 

Which type of digital wallet maintains your e-commerce information on the seller's web site?

Answers

The answer to this is server-side digital wallet or SSD.

It is best to receive a completed ________ before paying an invoice

Answers

It is best to receive a completed purchase order before paying an invoice. A purchase order is a contract between a buyer and a supplier that lists out the items purchased by type, quantity and costs for goods and services. 

Final answer:

Before paying an invoice, it is best to have a completed work order or service completion form as proof that the services or goods invoiced for have been delivered to satisfaction. Change orders should also be reviewed to ensure they align with the agreement. This step secures the payer against fraudulent or inaccurate charges.

Explanation:

It is best to receive a completed work order or service completion form before paying an invoice. This ensures that the services or goods you are being invoiced for have been fully delivered or completed to your satisfaction. In the context of contracts and business dealings, a work order or service completion form acts as a confirmation that the work agreed upon in the contract has been done, often necessary before the release of payment.

Additionally, it's important to review any change orders that may have affected the original agreement before proceeding with the payment. These change orders need to be documented and agreed upon by both parties; otherwise, you could risk paying for work that was not authorized or completed as per the original terms.

Last but not least, keep in mind the need to review the invoice for accuracy and to check it against your records, including any endorsements or transaction histories that might be applicable, especially in cases of bills or invoices pertaining to loans or financial instruments.

Overall, to protect oneself from erroneous or fraudulent charges, a business or individual should always ensure work completion and that all relevant contractual modifications are recorded before processing an invoice payment.

Definition: created in 1935 under the new deal, it aimed to stimulate the economy during the great depression and preserve the skills and self-respect of unemployed persons by providing them useful work.

Answers

WPA is the answer to the question

If you have a $150,000 30-year 5% mortgage, how much of your first monthly payment of $805.50 would go toward principal?

Answers

Answer:

$180.5

Explanation:

First, we would determine the amount that goes toward the interest by dividing the interest rate by 12 months to have the monthly interest rate and then, multiply that for the total amount of the loan:

$150,000 × (0,05/12) = $625

Now, that we have the amount that goes toward the interest, we subtract this from the first monthly payment to find the amount that goes toward the principal that is the quantity you borrowed:

$805.50-$625= $180.5

The amount of the first monthly payment of $805.50 that would go toward the principal is $180.5.

For a $150,000 30-year mortgage at a 5% interest rate, $625.00 of the first monthly payment of $805.50 covers the interest, and the remaining $180.50 goes toward the principal.

The question concerns the calculation of the principal contribution in the first monthly payment of a mortgage. When provided with a $150,000 30-year mortgage at a 5% interest rate and a monthly payment of $805.50, one must calculate the amount of the first payment that goes towards the principal.

To do this, we need to determine the monthly interest rate, which is 5% per year or 0.05/12 per month.

The interest for the first month is calculated on the total loan amount, hence it's $150,000 x 0.05/12 = $625.00.

Since the total monthly payment is $805.50, the amount going towards the principal is $805.50 (total monthly payment) - $625.00 (interest) = $180.50.

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