A Survey Asks the Following Two Questions: Q1) $25

question 48

Multiple Choice

A survey asks the following two questions: Q1) $25.00 definitely would not buy 1 2 3 4 5 6 7 definitely would buy
Q2) $35.00 definitely would not buy 1 2 3 4 5 6 7 definitely would buy
There is a segment of people who are not really interested in the product regardless of the price. What are their answers most likely to be?

• A) Q1=2 or 3, and Q2=1 or 2
• B) Q1=6 or 7, and Q2=5 or 6
• C) Q1=4 or 5, and Q2=3 or 4
• D) Q1=1 or 2, and Q2= 2 or 3

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Definitions:

Beneficiary

An individual or entity entitled to benefits or proceeds from an insurance policy, will, or trust.

Journal Entry

An individual record in an accounting journal that documents a specific financial transaction.

Journal Entry

A record in the accounting ledger that represents a transaction and its effect on accounts.