Why is it a good idea to compare prices before making a purchase?

Answers

Answer 1
Answer:

Answer:

Comparing prices is a good idea because it increases the bargaining power of the consumer by knowing various prices of a product in the market the consumer is in a good position to negotiate or get a better quality for the product.

Comparing prices also means the buyer is better positioned to get the product on a low and make extra savings from the purchase for other purposes.

Explanation:

Answer 2
Answer: If you compare prices you may find that the item you would wish to buy is cheaper somewhere else, and comparing prices will help you save money!

Related Questions

Herbert gained most of the capital for his new start-up project by posting a small demonstration of his product on a website that he created especially for the project. Many people showed genuine interest in his product and donated money to help him launch it. In the given scenario, Herbert:_____.a. was able to fund his project through venture capital.b. received money for his venture from angel investors.c. received money for his venture through crowdfunding.d. was able to fund his project through seed money.
Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more popular menu items. Yet Shawn remembered the restaurant fondly because he had dinner with the girl he would end up dating steadily. They really hit it off that night. A few months later he decides to return to the restaurant, only to find that he was disappointed in the food and service. He thinks it's strange because he had such a good experience last time. What situational factor likely influenced Shawn's first experience?a. reason for purchaseb. buyer mood or conditionc. social surroundingsd. time considerationse. physical surroundings
Your _____ is the full amount of money that you earn without anything taken out for items such as taxes and Social Security. gross pay net pay
Billy owes a liquidated debt of $3000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has marked, "Payment in Full." If Rayna cashes the check she will not be able to successfully sue Billy for the remainder of the debt. True False
On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy’s security interest attach?a. March 1. b. March 5. c. March 10. d. March 15

Rank the five following levels of postsecondary education based on the average yearly income, starting with the lowest income first. High school diploma Professional degree Certificate Master?s degree Bachelor?s degree

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The levels of postsecondary educations based upon the average yearly income earned by each profession are as follows:

1. High school diploma.

2. Certificate.

3. Bachelor's degree.

4. Master's degree.

5. Professional degree

Postsecondary education and its importance:

The post secondary education is the level of studies that are pursued after the completion of high-secondary education. It has a specific level of studies as per the expertise of the student. These studies help an individual to grow their skills and get a recognized level of earnings.

The level of education defines the average yearly income the student can earn in their profession.  

The candidate with a higher school diploma will get a lower income as compared to the candidate with a professional degree.

Therefore, the five-level of education is based upon income are: high school diploma, certificate, bachlor's degree, master's, and professionals.

Learn more about Post-secondary educations, here:

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Which of the following is a test for autocorrelation? a. QQ test b. Prais-Winsten c. Durbin-Watson d. Shapiro-Wilk

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Answer:

B is the answer

Pls Mark as brainliest answer

Final answer:

The test for autocorrelation is the Durbin-Watson test.

Explanation:

The test for autocorrelation is used to determine whether there is a correlation between the residuals of a regression model and their lagged values. One commonly used test for autocorrelation is the Durbin-Watson test. This test provides a test statistic that ranges from 0 to 4, with values close to 2 indicating no autocorrelation.

The Durbin-Watson test works by comparing the differences between adjacent residuals to the overall variability of the residuals. If the differences between adjacent residuals are consistently positive or negative, it suggests the presence of autocorrelation.

Other tests, such as the QQ test and the Shapiro-Wilk test, are not specifically designed to test for autocorrelation. The QQ test is used to assess the normality of residuals, while the Shapiro-Wilk test is used to test the assumption of normality in a dataset.

Learn more about test for autocorrelation here:

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Liz refuses her employer's request to falsify the contents of a report to the Equal Employment Opportunity Commission (EEOC). The employer subsequently discharges Liz for not following orders. Identify the exception to the employment-at-will doctrine that Liz is likely to choose when she files a wrongful discharge suit. A. equal employment
B. affirmative action
C. reverse discrimination
D. implied contract
E. public policy

Answers

Answer: (E) Public policy

Explanation:

  The public policy is the term which is used to define the various types of law systems and evaluating the regulatory measures taken by the government and any representative.

 The importance pf the public policy is that it helps in solving the various types of issues or problems more effectively and the policies are developed for typically resolve the issue of the public.

According to the given question, Liz is basically choosing the public policy for avoiding all the wrongful discharge in an organization. Therefore, Option (E) is correct answer.      

f a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar is Select one: a. 25 utility units. b. 20 utility units. c. 5 utility units. d. unknown as more information is needed to determine the answer. Previous page

Answers

Answer:

correct option is c. 5 utility units

Explanation:

given data

receives 20 units = consuming 2 candy

receives 25 units = consuming 3 candy

to find out

Marginal utility

solution

we know that Marginal utility of 3rd candy bar is express as  

Marginal utility = (change in total utility)/(change in quantity)    .........1

put here value

Marginal utility = (25 - 20)/(3 - 2)

Marginal utility =  5 unit

so correct option is c. 5 utility units

A commercial bank has $100 million in checkable-deposit liabilities and $12 million in actual reserves. The required reserve ratio is 10 percent. How big are the bank’s excess reserves? LO33.2a.$100 million.b.$88 million.c.$12 million.d.$2 million.

Answers

Given:
Checkable deposit = $100 million
actual reserves = $12 million
required reserve ratio = 10%

100 million * 10% = 10 million
10 million - 12 million = 2 million excess reserves

D.) $2 million is the bank's excess reserves

How much of a person's income should go to charities?

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It's an opinion question, what do you think?