With respect to consumer decision making, the ________ set is the set of strong contenders from which one will be chosen as a supplier of a good or service
A) total
B) awareness
C) consideration
D) choice
E) decision
D
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Indicate whether the statement is true or false
A manufacturer who is sued on the basis of industry wide liability may try to defend on the grounds that:
A. it manufactured the product that caused the injury to the plaintiff. B. the risks from its product were lower than those from other manufacturers. C. it manufactured the product with a disclaimer. D. the market share of its product was more than alleged by the plaintiff.
Which of the following holds true of the seller's entitlement on the recovery of purchase price of goods?
A. The seller is not entitled to the purchase price of all goods accepted by the buyer. B. Even if the seller successfully resells the goods, he can claim recovery of the purchase price from the buyer. C. The seller cannot recover the purchase price of goods damaged after the buyer assumed the risk for their loss. D. If the seller resells goods to another buyer, the seller must give the first buyer due credit for the proceeds of the resale.
In a bar chart depicting a percentage distribution, "high variability" is noted when:
A) the bars are roughly equal B) one bar is much larger than all the other bars C) two or more bars are much larger than all the other bars D) the bars are divided into sub-bars E) none of the above; a bar chart cannot show variability