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 can use a production possibilities frontier for which of the following purposes?
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
developing product descriptions
developing product descriptions
17. Conduct research to find examples of countries that have changed from a command economy to a market economy. What kind of changes did the country need to make?
Market research helps producers earn more profits.
Market research helps producers earn more profits.
Market research helps producers earn more profits.
Market research helps producers earn more profits.
knowing what consumers want helps producers make more money. Good Luck!!
Define market research, describe its purpose, and give at least one example of a type of market research that producers conduct
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 a market research in order to find out what customers want. This way they can provide better services and products.
Producers conduct a market research in order to find out what customers want. This way they can provide better services and products.
the desire to know what consumers want
To conduct effective market research
The desire to know what consumers want.