Write the Word or Phrase That Best Completes Each Statement

question 48

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-A store sells televisions for $360 and digital video recorders for $270. At the beginning of the week its entire stock is worth $59,580. During the week it sells three quarters of the televisions and one
Third of the digital video recorders for a total of $34,560. How many televisions and digital video
Recorders did it have in its stock at the beginning of the week?

• A) 95 televisions; 94 digital video recorders
• B) 98 televisions; 90 digital video recorders
• C) 96 televisions; 96 digital video recorders
• D) 97 televisions; 93 digital video recorders

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Definitions:

Satisfaction

A measure of how products or services meet or surpass customer expectation.

Postpurchase Cognitive Dissonance

The psychological conflict or anxiety that consumers may experience after making a difficult purchase decision, often involving doubt about the purchase.

Cognitive Bias

is a systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Psychological Risk

The potential for a purchase or consumption decision to lead to negative psychological outcomes, such as disappointment, regret, or a challenge to one's self-image.