ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is not a possible reason for carrying out market research?
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To work out a possible price for a product
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To find out about meeting consumer needs
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To find out what the Government will do with interest rates next year
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To find out how similar products/services from other companies are selling
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Explanation:
Detailed explanation-1: -Increasing interest rates does not increase a nation’s money supply because the two have an inverse relationship. Higher interest rates translate to a lower supply of money in the economy.
Detailed explanation-2: -The correct answer to this question being asked is B) the Fed’s liquidity provision. This is the best policy tool for the federal reserve when the economy faces zero-lower-bound problems.
There is 1 question to complete.