Asked by Lauren Stacy on May 12, 2024
Verified
In Scenario 13-1, Merle, being a normal consumer of lawn mowers, will look for which of the following?
A) the highest quality lawn mower with the highest price
B) the least expensive lawn mower available with the lowest level of quality
C) the lowest level of quality lawn mower with the highest price
D) the highest quality lawn mower with the most reasonable price
Reasonable Price
A price that is fair and appropriate for the value of the goods or services being provided, often considered from the perspective of the average consumer.
Lawn Mowers
Machines or devices equipped with revolving blades or a blade that cuts a lawn at a consistent height.
- Determine the elements that impact buyers' choices to purchase, such as the quality, cost, and perceived advantages.
Verified Answer
AJ
Afnan jawataMay 19, 2024
Final Answer :
D
Explanation :
Merle is looking for a high-quality, self-propelled lawn mower with a higher horsepower, indicating he values quality and specific features over simply finding the cheapest option. However, as a rational consumer, he would also seek a reasonable price for the high-quality product he desires, making option D the most logical choice.
Learning Objectives
- Determine the elements that impact buyers' choices to purchase, such as the quality, cost, and perceived advantages.
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