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Q: Why do consumers and producer conduct marginal analyses?
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Describe how producers conduct market research?

Producer researchers need to know the consumers' interests to proceed on their job.


What is analyses?

An analysis involves examinations to figure certain aspects of something. These aspects can include certain details, features, meanings, and the like.


How do you get info about consumers in order to identify a target market?

Conduct a survey.


Producer use surveys and focus groups for what?

To conduct effective market research


What type of instruments were manufactured by the Laboratory Analytical Instruments industry?

Laboratory analytical instruments manufactured by this industry were used to conduct physical and chemical analyses.


What describes the incentive for producers to conduct market research?

the desire to know what consumers want


What best describes the incentive for producers to conduct market research?

The desire to know what consumers want.


What types of scientist conduct fault tree analysis?

Fault Tree Analyses have been practiced since 1962 when H.A. Watson was to evaluate an ICBM Launce Control System Reliability and safety engineers tend to work with fault tree analyses in order to determine how likely a dangerous event is to occur.


How have advertising agencies successfully used the Internet?

The Internet allows advertising agencies to target consumers worldwide and to conduct market research inexpensively.


How did customers conduct research before buying major appliances in the late 90s and early 2000s?

During the late 1990s and early 2000s, consumers tended to conduct research, often on the Internet, before they invested in major appliances


Explain why it is important for producers to conduct market research?

Producers need to know what consumers want so they can sell more and make more profit.


What best explain why producers conduct market research?

producers need to know that consumers want so they can sell more and make more profit