Carlos Is at the Grocery Store to Pick-Up a Few

question 217

Multiple Choice

Carlos is at the grocery store to pick-up a few items for dinner.While he's in the store,he remembers that he's just run out of laundry detergent.He walks to the aisle where the laundry detergent is and picks up the brand he always buys - Tide liquid.What type of purchasing decision did Carolos make when selecting the Tide detergent?

• A)​routinized response behavior
• B)​limited problem solving
• C)​extended problem solving
• D)​family purchase behavior

---

Definitions:

Portfolio

A conglomerate of monetary investments incorporating shares, debentures, material goods, cash on hand, and assets akin to cash, inclusive of mutual funds and ETFs.

Mean

The average of a set of numbers, calculated by dividing the sum of all numbers by the count of numbers.

Investment

The allocation of resources, usually financial, in expectation of generating an income or profit.

Portfolio Expected Return

The weighted average of the expected returns of the assets in an investment portfolio.