Maria has decided to have a birthday party for 5 of her friends. She needs to buy sausages, bread and other fa items as well as cooldrinks. She also needs to buy a new grill to cook the food. She estimates that the food an drink will cost SEK 500 while the grill will cost SEK3 500. Which of the following statements describe Maria's choices? Select one alternative: The purchase of the sausages requires Maria to do an extensive information search while the grill would be described as a low involvement purchase. O The purchase of the food and grill are both limited büying decisions. The purchase of the sausages and food would be an extensive buying decision while the purchase of the grill would be a limited buying decision. The purchase of the sausages and food would be a rout

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Maria has decided to have a birthday party for 5 of her friends. She needs to buy sausages, bread and other foo
items as well as cooldrinks. She also needs to buy a new grill to cook the food. She estimates that the food and
drink will cost SEK 500 while the grill will cost SEK3 500. Which of the following statements describe Maria's
choices?
Select one alternative:
The purchase of the sausages requires Maria to do an extensive information search while the grill would be
described as a low involvement purchase.
O The purchase of the food and grill are both limited buying decisions.
The purchase of the sausages and food would be an extensive buying decision while the purchase of the
grill would be a limited buying decision.
The purchase of the sausages and food would be a routine buying decision while the purchase of the grill
would be a limited buying decision.
Transcribed Image Text:Maria has decided to have a birthday party for 5 of her friends. She needs to buy sausages, bread and other foo items as well as cooldrinks. She also needs to buy a new grill to cook the food. She estimates that the food and drink will cost SEK 500 while the grill will cost SEK3 500. Which of the following statements describe Maria's choices? Select one alternative: The purchase of the sausages requires Maria to do an extensive information search while the grill would be described as a low involvement purchase. O The purchase of the food and grill are both limited buying decisions. The purchase of the sausages and food would be an extensive buying decision while the purchase of the grill would be a limited buying decision. The purchase of the sausages and food would be a routine buying decision while the purchase of the grill would be a limited buying decision.
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