The general trend of money spent today by consumers has been toward the

Could you please tell me the correct answer. Thanks

	A.	consumption of more and higher property insurance coverage.
	B.	consumption of more domestic manufactured products.
	C.	purchase of separate goods, such as televisions, for each family member.
	D.	buying of more insurance to safeguard potential bankruptcies of financial institutions.
	E.	purchase of more durable goods, such as washing machines, instead of services.

Solutions

Expert Solution

E) the recent trend of money spent by the consumer is they are comfortable in purchasing more durable good, such as micro-oven or washing machines etc., instead of services.

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Why has there been a trend toward more team, network, virtual, and learning organizations? Is this...

Why has there been a trend toward more team, network, virtual, and learning organizations? Is this a fad, or will it last?

What is the Japanese general trend of public spending? Has Japanese fiscal policy been expansionary or...

What is the Japanese general trend of public spending? Has Japanese fiscal policy been expansionary or contractionary? Furthermore, has the Japanese government recently experienced a budget surplus or deficit? Is the government highly indebted? In the current macroeconomic situation, recommend ONE OTHER (other than fiscal and monetary policy settings) policy action that the Japanese government should take. Be specific about your recommended policy action. What do you think about the effectiveness of your policy suggestion? Why?

You have been recruited by the U.S. Department of Education to identify consumers’ true feelings toward...

You have been recruited by the U.S. Department of Education to identify consumers’ true feelings toward online education. 1.Explain how you would use a word association test to reach your research objective. 2. Explain how Zaltman Metaphor Elicitation Technique would be used to learn the same things. 3.If you were to run a focus group study to answer the same problem, would you select an online or a traditional focus group? Justify your choice.

Discuss the consumer behavioral issues surrounding the trend in how consumers have been buying products in recent years.

Mini Essay - Please answer in essay format: Discuss the consumer behavioral issues surrounding the trend in how consumers have been buying products in recent years. Mall and brick and mortar stores appear to have taken a back burner to online purchases. Why?

Consider the trend toward mergers and acquisitions that is having such a major impact in healthcare....

Consider the trend toward mergers and acquisitions that is having such a major impact in healthcare. Consider the stakeholder groups that are being impacted by mergers and acquisitions. Choose one stakeholder group of interest as your focus. Share with your classmates how this specific stakeholder group is impacted, benefited, or potentially harmed by a merger or acquisition.

1. The amount of money spent by a customer at a discount store has a mean...

1. The amount of money spent by a customer at a discount store has a mean of $100 and a standard deviation of $30. What is the probability that a randomly selected group of 50 shoppers will spend a total of more than $5700? (Hint: The total will be more than $5700 when the sample average exceeds what value?) (Round the answer to four decimal places.) P(total > 5700) = 2. Five students visiting the student health center for a...

Discuss how the worldwide trend toward urbanization is affecting opportunities for international marketing?

1. Consumers make less money income now, What happens demand of TV's today? What happens to...

1. Consumers make less money income now, What happens demand of TV's today? What happens to supply? What happens to equilibrium price? What happens to equilibrium quantity? 2. Consumers expect to make less money income in the future, What happens to demand for TV's today? What happens to supply? what happens to equilibrium price? what happens to equilibrium quantity? 3. In the market for TV's in the present period, if the price of plastic used to make TV's increases, what...

GetMyFood, Inc. has developed an application for cell phones aimed toward consumers who live in more...

GetMyFood, Inc. has developed an application for cell phones aimed toward consumers who live in more rural areas where there are few delivery options for take-out food. The app connects local taxi drivers with the larger restaurant food delivery services in nearby areas to extend the range of home meal delivery service. The company expects to generate revenues of $2000 (figures in thousands) in the first year (2020) with a general costs of services sold of $1200 (figures in thousands.)...

Discuss how the trend toward globalization is impacting the need for companies to effectively manage diversity.

Subjects