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What statements best explains why producers conduct market research?
Answer this question… Producers need to know what consumers want so they can sell more and make more profit. Knowing what consumers want helps producers make more money. -Apex
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Which do producers pay attention to in order to know what people want to buy and how much their willing to pay?
Consumers' purchases
What do people want to buy and how much theyre willing to pay producers pay attention to what?
Consumers’ purchases
In order to know what people want to buy and how much they're willing to pay producers pay attention to which of the following?
Consumers' purchases--- Apexvs.com
What helps producers figure out what consumers want?
Market Research
Which of the following helps producers figure out what consumers want?
Market research
What statement explains why producers conduct market research?
Answer this question… Producers need to know what consumers want so they can sell more and make more profit. Knowing what consumers want helps producers make more money. -Apex
What statements best explains why producers conduct market research?
Answer this question… Producers need to know what consumers want so they can sell more and make more profit. Knowing what consumers want helps producers make more money. -Apex
Which of the following statements best explains why producers conduct market reaserch?
knowing what consumers want helps producers make more money. Good Luck!!
Which of the following best describes how consumers let producers know what they want to buy and how much they are willing to pay?
The purchases consumers make indicate their desires to producers.
What statements best describes the results provided by market research?
Market research tells producers what consumers want and what they're willing to pay.Market research tells producers what consumers want and what they are willing to pay.
Producers use market research in order to do what?
Find out what consumers want to buy
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Which do producers pay attention to in order to know what people want to buy and how much their willing to pay?
Consumers' purchases
How do the interests of consumers and producers differ?
Consumers are interested in obtaining products and services that meet their needs at a reasonable price and quality. Producers are focused on maximizing profits by efficiently producing goods and services that consumers want. While consumers prioritize value and satisfaction, producers prioritize efficiency and profitability.
What describes the incentive for producers to conduct market research?
the desire to know what consumers want
