One Important Distinction Between Quantitative Analysis and Qualitative Analysis Is

question 6

Multiple Choice

One important distinction between quantitative analysis and qualitative analysis is

• A) qualitative analysis is much more expensive.
• B) qualitative analysis is much more time consuming.
• C) qualitative analysis uses numbers to describe phenomena.
• D) quantitative analysis has predictive power.

---

Definitions:

Bundled Price

A pricing strategy where multiple products or services are sold together at a single, combined price, often at a discount to purchasing them separately.

Unit Price

The cost for a single unit of a product, service, or measure of quantity, used for price comparison and economic decision making.

Price Discriminate

The practice of selling the same product to different consumers at different prices based on their willingness to pay.

Cost-Justified

A determination that an expense, investment, or action is deemed reasonable or worthwhile based on its cost.