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Producers can use a production possibilities frontier for which of the following purposes?
Producers can use a production possibilities frontier for which of the following purposes?
Why is primary research more expensive than secondary research?
Primary research or field research, is more expensive than secondary research because the material is not already available, hence the researcher must conduct their own research, creating surveys etc, which all cost money. Secondary research or desk research, is already available in libraries, the internet etc so the researcher does not have to conduct research, therfore requiring no/ little money
What of these must producers study in order to know what people want to buy and how much they are willing to pay?
Producers must study market trends, consumer preferences, and purchasing behavior to understand what people want to buy. They can analyze sales data, conduct surveys, and observe competitors to gauge demand and pricing strategies. Additionally, understanding economic factors, such as income levels and trends, helps determine how much consumers are willing to pay. This comprehensive research enables producers to tailor their offerings effectively.
The Government must conduct appropriate market research before soliciting offers from potential contractors. Various IPT members can participate. Cost analysts can provide input on?
developing product descriptions
The Government must conduct appropriate market research before soliciting offers from potential contractors. Various IPT members can participate. Cost analysts can provide input on .?
developing product descriptions
Which statements best explains why producers conduct market research?
Market research helps producers earn more profits.
Explains why producers conduct market research?
Market research helps producers earn more profits.
Which best explains why producers conduct market research?
Market research helps producers earn more profits.
Best explains why producers conduct market research?
Market research helps producers earn more profits.
Which of the following statements best explains why producers conduct market reaserch?
knowing what consumers want helps producers make more money. Good Luck!!
What is an example of a type of market research that producers conduct?
Define market research, describe its purpose, and give at least one example of a type of market research that producers conduct
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
Producers conduct market research in order to be able to better what?
Producers conduct a market research in order to find out what customers want. This way they can provide better services and products.
Producers conduct market research in order to be able to better?
Producers conduct a market research in order to find out what customers want. This way they can provide better services and products.
Producers use surveys and focus groups for what purposes?
To conduct effective market research
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.
