The law of Demand and Supply states the price for a certain good will reach equilibrium when it represents the maximum amount the common customer is willing to pay for a determined good or service. In other words, when a product is subject to growing demand, this will probably mean that the price will rise until demand meets supply at a determined price (equilibrium price). If a seller puts a price above the "equilibrium" price, the consumer will either shift to a substitute product or desist in buying a product completely.
It helps consumers tell producers when prices are too high.
Answer:
A. Lakes
Explanation:
A. Lakes
"hydro" means water
Answer:
People in America integrate the European Mammals to their Economic activities.
Explanation:
Cattles and Horses are among the large Mammals that introduced by the European in American region, and they change the way people in America conduct their daily activities.
For example, Farmers relied by only using tools to fertilize their land. After Cattles exist, they integrate their farming tools so it can be pulled by these cattle's and make the while process a lot faster.
We can also see this in the distribution process. Without horses, the American people cannot pulled off carriage bring their goods and sell it to a far location.
b. Evaluating a promotional claim
c. Adjusting a conclusion
d. Determining a logical conclusion
B. practical socialism
C. scientific socialism
D. communist socialism
C. scientific socialism
Answer:
communist socialism
Explanation:
Answer:
The marketing research process step that requires formulating a hypothesis and determining what type of research is most appropriate for testing it is:
- The second step: The Design of the Market Research Plan.
Explanation:
In the Design of the Market Research Plan, the researcher must establish the information that needs and formulate a hypothesis that next, with the development, will be confirmed or negated, also must be determining the type of investigation, that could be:
- Applied: Determinating fails in a strategy.
- Conclusive or quantitative: Allow obtaining conclusions and statistics.
- Continuous: the investigation is in a sector in periodical form.
- Experimental: Making experiments with consumers.
- Exploratory or qualitative: Made when you take the first decisions.
- Motivational: With meetings obtain information about the consumers.
- Primary: Data on competence.
- Punctual: For a group of people specifically.
- Secondary: Public information.
Hypothesis testing is the marketing research process step that involves formulating a hypothesis and determining the appropriate research method for testing it.
The marketing research process step that requires formulating a hypothesis and determining what type of research is most appropriate for testing it is hypothesis testing. This step involves proposing an explanation or statement that can be tested and then designing the most suitable research method for conducting the test. Hypothesis testing is an essential part of marketing research as it helps identify patterns, trends, and relationships that can guide decision-making.
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