A consumer tells another consumer, "Every time I eat at Big Bill's Steakhouse, I get poor service." Whether this is true or not, it is the consumer's perception
This is an example of consumers basing future predictions on the quickness and ease with which a particular example of an outcome comes to mind. This scenario would be an illustration of the ________ heuristic.
A) discrimination
B) differentiation
C) availability
D) screening
E) representativeness
C
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__________occurs when a firm refuses to meet specific obligations or fails to change when new situations arise
Fill in the blanks with correct word.
All racial classification systems are subject to the rational basis test
a. True b. False
An individual who supplies the skills and abilities needed to produce the goods and services of the business is a/an:
a. owner b. entrepreneur c. manager d. consumer e. employee
A later will revokes a prior will only if that revocation is clearly stated
Indicate whether the statement is true or false