A Restaurant Is Interested in Examining the Effect of Increasing

question 61

Multiple Choice

A restaurant is interested in examining the effect of increasing the price of hamburgers on its sales. During the first six months of the year, it measures the number of hamburgers sold each day. It then increases the price and records the number of hamburgers sold each day for the last six months of the year. This quasi-experimental design would be an example of a(n) :

• A)nonequivalent control group pretest-posttest design.
• B)interrupted time series design.
• C)control series design.
• D)nonequivalent control group design.

---

Definitions:

Purchase Discount

A reduction in the price paid for goods or services if payment is made within a specified time frame.

Early Payment

A financial transaction where a debt or obligation is settled before its due date.

Credit Period

The duration of time the buyer is given to pay for a purchase after the goods are delivered or the services are provided.

Discount Period

The time frame during which a buyer can pay less than the full invoice amount due to early payment incentives.