Considerable research has documented that in many product categories, consumers are unable to distinguish among brands when given blind tests (i. e., taste or other use of the products without labels). such products include soft drinks, coffee, and cosmetics. nonetheless, even when prices are similar, consumers have strong preferences for specific brands of these product categories. they may buy these out of habit, which is the basis of: extended problem solving.
limited problem solving.
routine problem solving.
high-involvement problem solving.
personal problem solving.

Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach

If big macs were a durable good that could be costlessly transported between countries, which of the following would present an arbitrage opportunity? check all that apply. exporting big macs from argentina to the united states. exporting big macs from the united kingdom to poland. exporting big macs from switzerland to china