Matthew recently purchased a new laptop for $1,500. He subsequently saw an advertisement for what appeared to be a similar model being sold for only $1,350
In order to resolve his ________, Matt decided that the cheaper model must not have as many attractive features as the model he purchased.
A) indirect experience
B) attitude formation
C) subjective norm
D) post-purchase dissonance
E) situational influence
D
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Factors that tend to result in weak rivalry among competing sellers include
a. low buyer switching costs and low barriers to entry. b. rapid growth in buyer demand, high buyer costs to switch brands, and so many industry rivals that any one company's actions have little impact on rivals' businesses. c. weakly differentiated products among rival sellers. d. rivals that are quite diverse in terms of their strategies, objectives, and countries of origin. e. conditions where outsiders have recently acquired weak competitors and are trying to turn them into major contenders.
More than one-third of the American consumer buying power comes from California, Texas, New York, and Florida
Indicate whether the statement is true or false