The First Step in a Purchase Decision in the Hierarchy

question 107

Multiple Choice

The first step in a purchase decision in the hierarchy of effects model is:

• A)awareness.
• B)liking.
• C)preference.
• D)conviction.

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Definitions:

Marginal Product

The supplementary yield that comes from the utilization of an extra unit of a given input, with all other inputs remaining fixed.

Number of Workers

The total count of individuals currently employed or available for employment in a specific labor market.

Daily Output

The total quantity of goods or services produced by a firm or an economy in a single day.

Bouquets

Arrangements of flowers that are typically presented as gifts or used for decoration.