Can you provide more information? Who is Danny?
It is important for a novice entrepreneur to build positive relationships with customers so as to understand their requirements, resolve their problems.
<h3>Who is an entrepreneur?</h3>
An entrepreneur serves as individuals that can take the risk of running a business and make decisions.
However, positive relationships with customers as entrepreneur helps to connect with customers on a much more personal level.
And this helps to create sense of mutual understanding with them.
When Learn more about entrepreneur at;
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The correct statements are:<span>
</span>
<span>An increase in price leads to a decrease in quantity demanded
</span>
and
<span>A decrease in price leads to an increase in quantity demanded</span>
According to the laws of demand and supply, if the price of any product/service is increased there would naturally be less demand for such a product.
As a natural human response, we avoid products that get expensive and opt for cheaper options.
Also, if the price of a product/service decreases, there would be more demand for such a product as more people will be able to buy it.
The options to be considered when determining the scope of an experiment are;
C: What results to report
D: The factor that will vary
<h3>Experiment</h3>
An experiment is simply defined as a scientific procedure that is done in order to make a discovery, test a hypothesis, or prove a known fact.
Now, when conducting an experiment, we must know exactly what we are testing for and this will in turn influence the result we will be reporting for.
Secondly, we must know that there is a possibility that the results may differ under different factors.
In conclusion, options C and D are correct.
The options missing are;
A. which data you will collect and plot.
B. the outcome you will investigate.
C. what results to report.
D. the factor that will vary.
Read more about Experiments at; brainly.com/question/15402972
