Business, 22.11.2020 18:30 tommyaberman

Match the examples with the types of goods. To match them, click the example, and then click the type of good. Match the examples with the types of goods.

To match them, click the example, and then click the type of good.

Omar buys a snack bag of chips that he noticed while waiting in line at the store.

Unsought good

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary.

Convenience impulse good

Jamie goes to the store to buy toothpaste.

Convenience staple good

Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item.

Shopping good

Adriana only buys doughnuts from her favorite local doughnut shop.

Specialty good

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Answer from: kailiesoto52

1. Convenience impulse good

2. Unsought good

3. Convenience staple good

4. Shopping good

5. Specialty good.

Explanation:

1. Omar buys a snack bag of chips that he noticed while waiting in line at the store: Convenience impulse good.

A convenience impulse good can be defined as goods (products) that an individual purchases without planning to buy them or having prior intention to do so. Therefore, convenience goods are easily available and often purchased by impulse.

2. Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary: Unsought good.

Unsought goods can be defined as goods or services that an individual do not think of buying or isn't aware of but purchases due to a fear of danger (damage).

3. Jamie goes to the store to buy toothpaste: Convenience staple good.

A convenience staple good can be defined as goods (products) that an individual consumes on a regular basis and as such are purchased more often.

4. Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item: Shopping good.

Shopping goods can be defined as goods (products) that an individual purchases after doing due diligence by comparing its style, quality and price in other stores.

5. Adriana only buys doughnuts from her favorite local doughnut shop: Specialty good.

Specialty goods refers to consumer goods that an individual considers to be exclusive and unique, for which he or she would go any length and perhaps, do anything to get them due to the strong preference.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

answer; commerce clearing house;

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