You Are Doing Some Comparison Shopping

question 43

Multiple Choice

You are doing some comparison shopping. Store A offers credit terms of 1/10, net 20. Store B offers credit terms of 2/10, net 10 and Store C offers credit terms of 2/5, net 30. Given this information, which one of the following statements is correct?

• A) Store A offers the best terms if you do not take the discount.
• B) Store C offers the best terms if you do take the discount.
• C) Store B offers the best terms if you do not take the discount.
• D) Store B offers the best terms if you do take the discount.
• E) Store A offers the best terms if you do take the discount.

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Definitions:

Social Loafing

The tendency of individuals to put less effort into a task when they are part of a group, compared to when they work alone.

Bake Sale

Bake Sale is a fundraising activity where baked goods such as cookies, cakes, and bread are sold, often organized by schools, churches, or non-profit organizations to raise money for various causes.

Reactance

A psychological response where an individual exhibits resistance or opposition to perceived attempts to limit their freedom or autonomy.

Door-In-The-Face

A persuasion technique involving making a large request that is expected to be refused so that a smaller request made subsequently seems more reasonable.