A Business' Sales Are the Product of ________

question 5

Multiple Choice

A business' sales are the product of ________.

• A)average selling price and average margin percentage
• B)market potential and market demand
• C)market demand in units and price per unit
• D)market share and price per unit
• E)market demand in units and market share

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.

Natural Experiments

Research designs that involve observing the effects of naturally occurring variables or events, as opposed to manipulations made by the researcher.

Quasi-experiments

Research designs that attempt to establish cause-and-effect relationships but lack the element of random assignment to treatment or control groups.

External Validity

The extent to which the results of a study can be generalized or applied to contexts outside of the experimental conditions.