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Why would some US consumers decide to purchase these good if cheaper goods were availble?
Wiki User
∙ 10y ago
The perceived value of the good is greater than the extra cost
Wiki User
∙ 10y ago
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Why would some U.S. consumers decide to purchase these goods if cheaper goods were available?
The perceived value of the good is greater than the extra cost.
Aggregate supply reflects billions of production decisions made by?
consumers when they decide which products to purchase
Which type of economic system are consumers most likely to determine what goods will be produced?
The retail system. Thats where the consumers decide what they are going to purchase.
How can consumers be wrong but still be using the principle of benefit when they decide to buy something?
Consumers are still being rational (sensible) when they purchase something that results in no benefit if they believed that it would give them benefit when they purchased it.
Consumers decide how many goods will be supplied?
False
Why would some U.S. consumers decide to purchase these goods if cheaper goods were available?
The perceived value of the good is greater than the extra cost.
Aggregate supply reflects billions of production decisions made by?
consumers when they decide which products to purchase
Which type of economic system are consumers most likely to determine what goods will be produced?
The retail system. Thats where the consumers decide what they are going to purchase.
How can consumers be wrong but still be using the principle of benefit when they decide to buy something?
Consumers are still being rational (sensible) when they purchase something that results in no benefit if they believed that it would give them benefit when they purchased it.
The people who decide to buy things are called?
they are called consumers.
Consumers decide how many goods will be supplied?
False
After cheaper by the dozen 3 you they make it are they tinking of making cheaper by the dozen4?
No I don't think they'll make a Cheaper by The Dozen 4. I hope they decide to make it!
Where can I get a good price on a floor scrubber?
You could find a floor scrubbing machine at home depot. You could either purchase or decide to rent one. If you rent one it would be cheaper. They are built to perform and are very durable.
How do you decide which computer to purchase?
You can decide which computer to purchase by going to manufacturers' websites such as HP(Hewlett-Packard) or Dell and compare computers in their comparison pages.
Why do consumers decide to buy from Amazon.com?
It is known for having a large range, low prices and is convenient.
How do manufacturers decide which reactant to use in excess in a chemical reaction?
The cheaper reagent is usually the reagent that is used in excess. This procedure is purely for economic reasons.
The power of consumers to decide what gets produced is called?
Consumer sovereignty http://en.wikipedia.org/wiki/Consumer_sovereignty
