While Selecting a Restaurant, Donna Thought About All of Her

question 173

Multiple Choice

While selecting a restaurant, Donna thought about all of her favorite places and finally chose Red Lobster because she loves their food. In making this decision, Donna used which method to evaluate the possible choices?

• A)Evoked set method
• B)Multiattribute
• C)Affect referral
• D)Attitude formation

---

Definitions:

Total Supply

The total amount of a product or service available for purchase at any given price point.

Henry George

A 19th-century economist known for his belief that people should own the value they produce but that land and natural resources should belong to the community.

Economic Rent

Extra income generated because of ownership of a scarce resource or possession of a unique skill or capability.

Zero Price Elasticity

A situation where the demand for a good or service remains unchanged regardless of changes in its price.