dentify an experience good. Identify a search good. How does the retailing of the experience good differ from the retailing of the search good? Do these differences help consumers?

Q: A necessity is defined as a good having

A: To find : What is definition of necessity.

Q: Why the hospitality industry is important to the society? What are the advantages of working in…

A: Hospitality industry includes hotel , transportation or tourism services etc.  It is services based…

Q: Why is the cost of serving a long-standing customer far less than the cost of acquiring a new…

A: Customer retention signifies the process by which business firms are able to retain its clients for…

Q: Misty is single and has chosen Plan Q. Misty has not used her health insurance yet this year.…

A: Below is the given information: The portion of the bill = $5000

Q: Economics helps managers focus on key issues.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Are airline tickets more expensive a few months before the flight or one day or several hours before…

A: It isn't kind of rule to mention but the air tickets when booked few month before the flight tends…

Q: "Wants are not limitless. This can be proven. I get all the breakfast I want every morning." Explain

A: It is possible that you get all the break fast you need on a specific morning, however, will that…

Q: Why it is essential to focus on the customer when planning sales calls?

A: Sales call refers to the situation where the sales person is meeting with the potential customer…

Q: How does a police chief role as a motivator differ from the role of a sergeant?

A: Police chief has greater role.Police chief is responsible for main discipline in the area of…

Q: Which of these do NOT comprise the psychological factors influencing consumer decision making?…

A: 1. Psychological Consequences Consumer behavior is heavily influenced by human psychology. These…

Q: Distinguish between possession, form, time, and placeutility

A: Meaning of Time and Place Utility: Place utility refers to when the manufacturer provides the…

Q: does poverty have an effect on juvenile deliquency?

A: Yes, poverty has an effect on juvenile delinquency. Poverty is a major repeating factor of juvenile…

Q: Definition of want

A: Economics is the study of efficient allocation of resources. The resources in the economy are…

Q: Bob does not work to take care of his ailing mother.

A: In an economy there exist different types of unemployment.

Q: Please explain each question

A: The aggregate demand curve shows the negative relationship between the price level and the total…

Q: It is often costly to obtain the information necessary to make good decisions. Yet, your own…

A: Rational decision makers need to make an informed decision as they are dependent on the resources…

Q: Analyze the effect of cosmetic industry in the economy of Pakistan? What are the effects of this…

A: Industries that are established in a country contribute a significant amount of revenue to the…

Q: To maximize output, setting clear goals will enhance employees' performance. True or not True?…

A: Employees performance is characterized as how a representative satisfies their work obligations and…

Q: What are the advantages and disadvantages of workspecialization?

A: Advantages - 1) work can be done faster and efficiently.  2) good quality of goods and services can…

Q: Organizations want customers to be satisfied. Imagine you’ve been asked to estimate the relative…

A: Customers are anyone to whom a corporation sells goods, services, or experiences. Because customers…

Q: *Make a response,question, or clarification for that opinion

A: The consumer is an individual that buys the products and services from the seller in the market.

Q: Identify how different people and demographics have been affected by telehealth? Has the impact been…

A: The provision of health-related services and information using electronic information and…

Q: Multiple Choice an increase in incomes if the product is a normal good. a decline in the number of…

A: An increase in incomes if the product is a normal good.

Q: Explain the components that constitute aconceptual model of consumer behavior.

A: A conceptual model is that which determines the situational factors that influence consumer behavior…

Q: What sectors of life the loss aversion can be found in? Explain.

A: Loss aversion basically refers to a cognitive bias that explains why the agony of losing is twice as…

Q: Identify three (3) “utility” in the dentistry field. Explain the significance of your Knowledge on…

A: Indifference Curve refers to the curves that represent combinations of two goods or services of an…

Q: With respect to consumer behavior, one's attitudes, learning, and perceptions would be O…

A: Consumer behavior refers to a behavior of a consumer while taking an economic decision that shows…

Q: What are the benefits to make rational decision

A: Economics is the study of social science which decides with the allocation and the distribution of…

Q: What happens when individual consumers don't have perfect information nor limitations to process…

A: The economics as a study is based upon the idea that the resources which the economies have tend to…

Q: Robert decides to start working for the local ridesharing company. He has a large 12-passenger van…

A: Insurance is a financial backup which a person buys in order to get compensated for the losses in…

Q: I need help for these questions l.

A: Based on this model, households earn income when firms purchase factors of production in the market…

Q: Positive statements are __________. a. Statements of opinion and emotions b. Subjective statements…

A: Economics is a very vast field, or an area of study. The economics as a study is divided into…

Q: Distinguish among three variations of the consumer purchase decision process: extended, limited, and…

A: There are three variations of the customer purchase decision process: extended, limited, and routine…

Q: Design an Ethical Organization, the "tone at the top" is a much more significant driver of…

A: Answer Explanation: According to the HBR article, “Most leaders intuitively acknowledge the…

Q: Define market value. How do you differentiate it fromintrinsic value?

A: Market value is the value of a good which is determined by market forces ie demand and supply. It is…

Q: economic factors thst affect healthy eating

A: Qd(quantity demanded) of a product depends on various factors such as P(own price), Y(income),…

Q: Erik wants to save more, but whenever a paycheck arrives, he ends up spending everything. One way to…

A: Saving: Saving is pay not spent or conceded utilization. Strategies for setting aside incorporate…

Q: What are the purpose of individual enterepreneur? What are the few advantage or merits of individual…

A: