Which of the Following Is an Example of the Observation

question 60

Multiple Choice

Which of the following is an example of the observation method of collecting primary data?

• A) Administering a questionnaire to shoppers in a supermarket.
• B) Recording the amount of time a shopper stops in front of a point-of-purchase display.
• C) Asking shoppers which brand they noticed first in a shelf display.
• D) Conducting a telephone survey to determine which brands of detergent are purchased by mothers with young children.
• E) Using a tape recorder to gather shopper impressions of a new store layout design.

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Definitions:

Binding Price Floor

A minimum price set by the government above the equilibrium price, leading to a surplus of goods or services in the market.

Supply And Demand

A model that explains how the interaction between product availability and consumers' desire determines the price of goods and services.

Subsidies

Financial support extended by the government to economic sectors, businesses, or individuals, aimed at promoting certain activities or reducing the prices of products.

Cotton Farmers

Individuals or entities engaged in the cultivation of cotton, which is a key agricultural crop used in the textile industry.