Which of the Following Is a Benefit of Single-Factor Analysis?​

question 43

Multiple Choice

Which of the following is a benefit of single-factor analysis?​

• A)​It employs a matrix system.
• B)It is used for goal setting.​
• C)It requires no data manipulation.
• D)It need not consider several factors.​
• E)It uses statistical analysis.​

---

Definitions:

Cost Diseconomies

Situations where costs per unit increase as a firm's operation scales up, often due to inefficiencies or increased complexity.

Celebrity Endorsement

The practice of using a famous person's support or approval to promote a product or service, leveraging their influence to reach potential customers.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers at various price levels.

Equilibrium Price

The market price at which the quantity demanded of a product equals the quantity supplied, leading to a stable market condition.