A Consumer Purchase Decision Made with a Great Deal of Consumer

question 99

Multiple Choice

A consumer purchase decision made with a great deal of consumer exertion is a type of ________.

• A)habitual decision making
• B)extended problem solving
• C)independent heuristic rating
• D)dependent heuristic rating
• E)limited problem solving

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Definitions:

On-The-Job Training

The education and training provided to employees while they perform tasks or processes related to their job at the workplace.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Marginal Productivities

Describes the additional output generated by employing one more unit of input, holding other inputs constant.

Higher Earnings

Increased income from wages, salaries, investments, or other sources, typically compared to a previous period or average.