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Gasoline cars are still very popular with consumers. Oil and car companies have significant resources to invest in other technologies such as electric and solar
Gasoline cars are still very popular with consumers. Oil and car companies have significant resources to invest in other technologies such as electric and solar to power automobile engines. However, investment in electric and solar would divert resources from developing gasoline cars further, impact profits in this area, and could be very costly. If oil and car companies were to shift away from a total reliance on gasoline cars and focus more on the development and research of other alternative fuels that would be considered superior to oil, this would be called: targeted future investment creative destruction Lost opportunity planned research Question 39 ( 2 points) James purchased a new high-end watch. He was between a mid-level price point and thought he wanted to reward himself for landing a new job. A week after his purchase, he thought he had a little buyer's remorse and kept asking friends if they liked the watch. Later he searched for and saw an article that discussed high end watches and how they were probably going up in value, but it fluctuates. This post purchase anxiety is called: buyers regret or "BR" cognitive dissonance support system purchase Question 40 ( 2 points) Reference groups generally influence the purchase of rather than Choose the best response: Necessities/Low end products Luxury products/Necessities Low involvement goods/High involvement goods Services/Goods Question 41 ( 2 points) A person's occupation, source of income, and education determines the individual's societal influence culture social class subculture
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