Questionnaire Data Are

question 275

Multiple Choice

Questionnaire data are

• A) the facts and figures obtained by observing people's attitudes, awareness, intentions, and behaviors.
• B) the facts and figures obtained by analyzing people's brain waves as consumers complete surveys about their geodemographics, ethnographics, and behaviors.
• C) psychographic data obtained by asking people unbiased questions about their age, occupation, and income.
• D) the facts and figures obtained by asking people about their attitudes, awareness, intentions, and behaviors.
• E) any type of information about a consumer obtained through nontechnological methods.

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Definitions:

Private Value

The value of a good or service to an individual or firm for personal use, as opposed to its value to society or the economy at large.

Socially Optimal

A situation or outcome that is best from the society's point of view, where social welfare, including benefits and costs, is maximized.

Economic Well-being

A broad measure of the prosperity and quality of life of individuals or societies, encompassing material, social, and environmental dimensions.

Output Decreased

A reduction in the quantity of goods or services produced by a company, industry, or economy.