Which Type of Decision Rule Allows Consumers to Select Products

question 57

Multiple Choice

Which type of decision rule allows consumers to select products that may perform poorly on one attribute by compensating for the poor performance by good performance on another attribute?

• A) compensatory rule
• B) compromise-based rule
• C) superordinate rule
• D) subordinate rule
• E) primary rule

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Definitions:

Entrepreneurial Ability

The skill or talent for identifying new business opportunities and the willingness to take risks to develop and manage a business.

Production Technique

The method or process used by a company or industry to create goods or services, often involving specific technologies or procedures.

Price Of Labor

The wages or salary that workers receive in exchange for their labor or services in the job market.