Your Company Is Doing Market Research to Assess the Feasibility

question 45

Multiple Choice

Your company is doing market research to assess the feasibility of a new product.The market research team gathers pricing information of all the existing products that would compete with your company's product.The most expensive brand is priced at $22.95, and the least expensive one at $20.59.If a class width of 0.25 is used, then the class mark of the first class interval will be

• A)20.50
• B)20.59
• C)20.72
• D)21.75
• E)23.09

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Definitions:

Choppy

Describes a style of writing or communication that is abrupt and lacks a smooth flow or continuity between points.

Chronological Pattern

An organizational method that presents information in the order in which events occur, from earliest to most recent.

Oral Presentation

A verbal presentation of information to an audience, often accompanied by visual aids.

Past

refers to the time period that has already occurred, before the present moment.