Research-Related Problem Statements Arise from Different Research Needs

question 10

Multiple Choice

Research-related problem statements arise from different research needs.How many of the statements shown below reflect a type of problem statement?
- there is a need to evaluate the "goodness" of alternative actions
- there is a need to compare the current research budget to prior,similar studies
- there is a need to identify problems and opportunities
- there is a need to broaden understanding of the consumer or marketplace

• A)0
• B)1
• C)2
• D)3
• E)4

---

Definitions:

Market Prices

The amount of money required to purchase a good or service in a market.

Quantities Demanded

The total amount of a good or service that consumers are willing and able to purchase at a particular price in a given market.

Substitute Products

Products that can serve as replacements for each other; when the price of one increases, the demand for the substitute is likely to increase.

Price

The charge in currency projected, demanded, or provided in recompense for something.