With the ________ Heuristic, the Consumer Sets a Minimum Acceptable

question 46

Multiple Choice

With the ________ heuristic, the consumer sets a minimum acceptable cutoff level for each attribute and chooses the first alternative that meets the minimum standard for all attributes.

• A) primary
• B) lexicographic
• C) conjunctive
• D) elimination-by-aspects
• E) secondary

---

Definitions:

Television Set

An electronic device designed to receive and display television broadcast signals and other audio-visual content.

CAD

Stands for Computer-Aided Design, a type of software used for creating precise drawings or technical illustrations in various engineering fields.

Economic Importance

The significance of an industry, sector, or activity in terms of its contribution to economic growth, employment, and wealth creation.

Trading Volume

The amount of an asset or securities traded during a specific period of time, often used as an indicator of market activity and liquidity.