Author Question: Dell Computers allows potential consumers to customize personal computers to their desires. Dell's ... (Read 301 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Dell Computers allows potential consumers to customize personal computers to their desires. Dell's strategy is successful because offering bundles that more exactly meet a consumer's preference allows Dell to extract more consumer surplus.
 
  Indicate whether the statement is true or false

Question 2

If you exhibit the endowment effect as a decision maker, then you are
 
  A) consuming based on celebrity endorsements.
  B) deciding on the basis of sunk costs.
  C) buying something you can't really afford because you expect to save in the future.
  D) ignoring non-monetary opportunity costs.


maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

FALSE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library