Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on three different characteristics
He plans to short-list only those computers, that score at least a seven on his scale on all three characteristics. Which of the following choice heuristics has he chosen?
A) elimination-by-aspects heuristic
B) lexicographic heuristic
C) conjunctive heuristic
D) anchoring and adjustment heuristic
E) representativeness heuristic
C
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PPP theory shows a direct relationship between a change in relative prices and a change in _____.
Fill in the blank(s) with the appropriate word(s).
At closing, a sale doesn't go through because the seller's anticipated transfer to another city gets suddenly postpones, and the seller no longer wants to sell. Does the seller owe the listing agent a commission in this situation?
A. No, because the sale didn't close B. No, because this was a circumstance outside the seller's control C. Yes, because the seller won't provide marketable title, which is considered default. D. Yes, unless the buyer and seller agreed to mutually cancel the transaction