Impulse buying occurs when indi0* 6e p 4grbk(g3ukg9nb cqiq2viduals make unplanned purchases, often driven by imm(erkn i3b4q u* b 92k0gpggcq6ediate desires and emotions, without considering the long-term consequences or adhering to their original intentions. For instance, imagine a person who enters a store with the intention of buying only a few essential items but ends up buying several unnecessary products that caught their attention while browsing.
The above is an example of __

  A footwear company donates a pair of shoes to a 6*2lge,bhw zb mtt2je v*3n;oj 5l*qwperson in need for every pair of shoes purchased. The company has expanded its impact * qbwmjb;2*l2e o*v h,tlw6gj 53nzetbeyond shoes and now supports initiatives related to clean water, eyewear, and safe birth services.
This is an example of which alternative business objective?

  Which of the followinfk8d4q6 t.,rael9/ t n f mg9.gue4bleg is not an example of choice architecture?

  The term “default chov85xvh yg ph)+90xlthice'' means:

  Recent media coverage of high-profile crimes in a specific neighborhood can epo hzo1we)pqtu0b / l-kh -glx0j71p3:r:uv create an inflated perception of crimevt1 e)uq0hpr-go:3 lxo0wzke1u lp: 7b -/phj prevalence. This bias can affect behaviors and decision-making, despite actual crime rates being lower.
Based on the above, determine which bias may influence a family if they decide not to buy a house in that specific neighborhood.

  In real estate negotiations, the seller's inrtb 9w t8*ubwybbz596itial asking price influences potential buyers' offers, with those closer to the initial asking price being perceived as more reasonabbwz9rb6 t5b ub89t*yw le. As a result, negotiations revolve around that initial asking price, leading to a narrower range of prices.
The above is an example of which bias limiting rational consumer choice?

  Which of the following is not an assumption of rational consumer cho/-/;jxdptbckp yqqlnh*y x o4: 98i-lice?

  You are in the market for a pre-owned vehicle and conduct an online search to fh0v09zne d1 ymhm. lb+ind a wider range of options available in your local area. Due to time constraints, you cannot test drive all of the car . y0v ezml1hd9+0mnbhs, so you employ certain criteria to narrow down your selection to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statements are true about the concept of bouqkk:xfs8pf .qr f :r.0vxsy.7nded rationalitx0p.:v. kfk q.fssrfyq7: r8 xy?
I. Consumers maximise utility
II. Consumers satisfice rather than maximise utility
III. Consumers cannot process all information
IV. Consumers have perfect information

  
In the diagram above, identify the profit maximising level of output.

  A recent news headline stated that people dread swimming in Australian odeiry,9 + 9)i*x ly8khmx;inaceans due to shark attackry ni ),k il8i;ahy9xd+em9* xs. This is an example of which bias?

  Assume there is a separation of firm management 1ycp79g 6nhg -ucg+hiand firm ownership and the management has a goal of distributing dihgc igp-9hy+un cg 167vidends to shareholders. Which objective will the management adopt?