Consumer Interview Survey method of Demand Forecasting
Explain the Consumer Interview Survey method of Demand Forecasting.
Expert
Consumer Interview method: In this method a list of potential buyers would be drawn and all buyers will be approached and asked regarding their buying plans. Such method is ideal and this gives firsthand information, but this is costly and complicated to conduct. It may be undertaken in three manners:
A) Complete Enumeration: Under this method, each consumer of the product is interviewed.
B) Sample survey: Under this method, a sample of consumers is chosen for interview. Sample may be Stratified sampling or random sampling.
C) End-use method: The demand for the product from various sectors like industries, consumers, import and export are determined.
Explain the meaning of business cost.
For labor Plastibristle’s demand is most wage elastic at: (1) point a. (2) point b. (3) point c. (4) point d. Q : Determine what would contain in Please help me to solve the problem of economic that is given below: Economic capital would comprise: (w) corporate bonds. (x) money. (y) machinery. (z) sports cars. Can someone
Please help me to solve the problem of economic that is given below: Economic capital would comprise: (w) corporate bonds. (x) money. (y) machinery. (z) sports cars. Can someone
Screening and signaling are attempts to: (w) decreases job interview time. (x) decrease the problem of adverse selection. (y) uphold equal opportunity laws. (z) All of the above. I need a good answer on the topic o
To make a decision regarding resource hire, the firm should take as: (w) the price of the resource. (x) the productivity (Marginal Price) of the resource. (y) output prices. (z) All of the above. How can I solve my Economic
I am uploading another project. Please provide cost and estimated delivery day. Thanks.
What are the important areas of decision-making?
What are the objectives and importance (Uses) of managerial Economics?
A purely competitive firm which hires more workers while the value of the marginal product of labor increases above the competitively set wage rate will absolutely experience increases in its: (i) overhead costs. (ii) profit per unit.
Competitive product as well as resource markets yields resource prices and incomes to resource owners that are proportional to the: (1) relative prices of the goods produced. (2) values of marginal products of the resources. (3) distr
18,76,764
1943135 Asked
3,689
Active Tutors
1448766
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!