Business, 30.11.2020 18:00 tristanlindor5908

One example of consumers not knowing what they want is that, before purchase, consumers want products with many features, but after purchase consumers are more satisfied with products with fewer features. This is called: a. Feature frustration
b. Feature regret
c. Feature Fatigue
d. Feature apprehension

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Answer from: Bladedrose2351

c. Feature Fatigue

Explanation:

Feature fatigue is defined as the phenomenon where consumers are satisfied with buying products that are simple and easy to use as opposed to feature-rich products.

The various reasons consumers avoid feature-rich products are:

- Less quality due to rushed production to input many features

- Reduced usability of features. When features of a good are not used they tend to confuse user and sometimes reduce efficiency of use.

- Lack of understanding of complex features

- More stability of products with less features

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

Answer from: Quest

Tract homes;

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