Johnathan prefers shirts made with 100 percent cotton, but he will sometimes buy shirts with less cotton if they are less expensive. Johnathan uses ________ to decide which shirts to buy.

Respuesta :

Answer: Compensatory Decision rule

Explanation:

The compensatory decision rule states that a consumer makes decisions in terms of each relevant attribute of the product he/she wants to purchase.

compensatory decision rule measures the total utility of a product position on some sets of attribute.

Consumers seek to optimise their choices by selecting a product with the highest utility.

A shortfall on any attribute of a product can be compensated by advantages on other products attributes.

Jonathan compensated himself for not buying 100% cotton shirt by buying a less expensive shirt.