Albert Jones went to his local department store to purchase a pair of Levi's® . He thought that
the style of Levi's® that he wanted would sell for about $30 a pair.
When he got to the store, he
saw a sign which said, Levi's® , all styles, $18 a pair. Albert bought three pairs of Levi's® . The
behavior of Albert is consistent with
A) ceteris paribus.
B) the law of demand.
C) the law of supply.
D) the law of supply and demand.
E) can't tell with the information provided.
B
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The method of consumer segmentation that is based on population characteristics is:
A) demographics B) psychographics C) geographic D) polygraphic
Answer the following statements true (T) or false (F)
Examples of externally administered rewards include praise, pay raises, time off, promotions, awards, bonuses, and more.
Which of the following wire services does NOT guarantee use of your materials?
A) Internet Wire B) The Associated Press C) Business Wire D) PR Newswire
For Perez Corporation, return on equity is substantially higher than return on investment. What does that tell you about the company?
What will be an ideal response?