Impulse buying occurs when individuals ihou /uybs0) r+ni/8c g.zqk 6make unplanned purchases, often driven by immediate 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 .qr0 shku yicz/nb 86u)oi+/gattention while browsing.
The above is an example of __

  A footwear company donates aqbcwd.*8s*ik1yy1 id* xe1ig pair of shoes to a person in need for every pair of shoes purchased. The company has expanded its impact beyond shoes and now supports initiadq*811is 1*eywbciy*. g dkxi tives related to clean water, eyewear, and safe birth services.
This is an example of which alternative business objective?

  Which of the following i +d m epz+oz()jzn *p2+aps6kus not an example of choice architecture?

  The term “default choice'' mea-u4 z0a7ig)gvge snxif j9q 7/ns:

  Recent media coverage of high-profile crimes in a specific neighborhood can crfk+r omr90/l reate ak+0lfo 9 m/rrrn inflated perception of crime 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 initial asking price infu(08l ghgpf d l-lj- 3hl2(qh,*kegenluences potential buyers' offers, with those closer to the initial asking price being perceived ahf d(ln pg-,j8l3elq h0l*egh- g 2k(us more reasonable. 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 consumezfrfm9)gp,y b9ct 2o9whxl))r choice?

  You are in the market for a pre-owned vehicle and conduct an onlin/ a a-kj*wpe7qb 2rfd f7go)3ie search to find a wider range of options available in your local area. Due to time constraints, *g -qfdwif3 2 jre/)7p7 aaobkyou cannot test drive all of the cars, 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 co gw-z;bx4k i0oncept of bounded rationality? xk0wioz -4 b;g
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/mo: q4 y(n(ne )nsl4vausxr( stated that people dread swimming in Australian oceans due to shark attacks. Th 4xn)qv (l((eoss r4/na n:ymuis is an example of which bias?

  Assume there is a separation of firm management and firm ownerwhej6l+) ivdxlt4n;k -x cjp q0q )l*)ship and the management has a goal of distributing dividends to shareholders. Which objective will the management a6pk+-c)ehqxlw d;0)xiv ql4)jnt *ljdopt?