That statement is true.
Because of this, the data that is shown by research organization may contradicts the real situation due to the incomplete samples.
For example, if this happen during political research, that campaign organizations may skip a certain type of voters segmentation and cost them the election.
Answer: like what type of three ways are they talking about ?...??.?
Explanation:
Answer:
False
Explanation:
In a business report, the conclusions section explains what all the collected information means and summarizes the most important parts of the report.
While the recommendations section actually presents a list of suggestions and/or specific actions that should be taken.
Answer:
The opportunity cost of the student-athlete returning to college next year is $1,000,000
Explanation:
Opportunity costs is the benefit that the student-athlete misses out when choosing one alternative over another.
In this case, the opportunity costs is playing for a minor league baseball team ($1,000,000) because is the higher offer between the alternatives.
Answer:
D. More Units may be sold - but total revenue will be less than it would be at the higher price
Explanation:
Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.
MR= is change in Total Revenue/Change in Total Output Quantity
In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.
In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.
