Secondary Data Cannot Be Used for Which of the Following

question 48

Multiple Choice

Secondary data cannot be used for which of the following ?

• A)interpret primary data
• B)demonstrate causal relationship
• C)identify problem
• D)all of the above

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Definitions:

Pigeon Pies

A traditional British dish made using pigeon meat, often encased in pastry and baked.

Output

The complete volume of products or services generated by a business, sector, or economic structure.

Profit

Profit is the financial gain that is achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Inverse Demand Function

A mathematical representation showing how the quantity demanded of a good or service changes as its price changes, holding everything else constant.