The APR for Renee's charge account at Super Mart is 21%. Using the previous balance method, what are the finance charges on Renee's previous balance of $645.32?

Each network has its own "metrics of value." For laptop computers this value would include all of the following except:

A) small size. B) low weight. C) power consumption. D) memory capacity. E) rugged design.

When consumers are unable to judge the quality of a product through examination or prior experience, they usually do which of the following and assume that the higher-priced product is the higher-quality product?

A) make a price-quality inference B) depend on an internal reference price C) assess the fair price D) experience an assimilation effect E) experience a price-placebo effect