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A Recent Consumer Reports Study Analyzed Flat-Screen TVs and Found

question 7

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A recent Consumer Reports study analyzed flat-screen TVs and found that the average performance rating for all TVs tested was 80 with an average price of $340.Clarence flat-screen TV has a perceived customer value of 30,and relative performance of 112.What is the relative cost of purchase for a Clarence flat-screen TV?


Definitions:

High In Self-Monitoring

The characteristic of being highly aware of one's behavior and its effect on others, adjusting it according to the situation.

Low In Self-Monitoring

Describes individuals who are less likely to adjust their behavior or appearance according to social cues or contexts.

Self-Monitoring

The process of observing and regulating one's behavior in social situations to fit the expectations or norms of the environment.

Adjust Behaviour

The process of changing one's actions or reactions to better suit a new environment or set of conditions.

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