Explain why a customer's level of satisfaction with a product may change from the initial level of satisfaction

What will be an ideal response?

Answers will vary. A customer may find that a low price caused him to overlook product costs, such as usage costs or maintenance. The level of satisfaction may change if the product rapidly loses its usefulness.

Business

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A shortage is the amount by which quantity:

a) supplied exceeds quantity demanded. b) supplied exceeds the equilibrium quantity. c) demanded increases when the price rises. d) demanded exceeds quantity supplied. e) demanded exceeds the equilibrium quantity.

Business

The knowledge of responsibilities and duties of an information systems (IS) department helps one become a better consumer of the IS department's services

Indicate whether the statement is true or false

Business