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University Research Study A Regional State University Is Experiencing Declining Enrollments.The Administration Is

question 156

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University Research Study
A regional state university is experiencing declining enrollments.The administration is concerned with this situation and asked a marketing research class to conduct a research study and to make recommendations.One thing the administration is interested in learning is the feasibility of offering all of their degrees online as well as through the traditional on-campus degree program.They do not know what the market potential would be for online degrees and potential students' attitudes and intentions toward getting an online degree from this university.
-Refer to University Research Study.If the students analyze census data to determine demographic trends in the primary market area for the university,they are using _____ data.


Definitions:

Equilibrium Quantity

The amount of products or services that are provided and requested at the balance price.

Flooding

The overflowing of water beyond its normal confines, typically over what is normally dry land.

Quantity Supplied

The total supply of a good or service that producers are prepared to sell at a designated price over a fixed timeframe.

Quantity Demanded

The total amount of a good that buyers are willing and able to purchase at a given price within a specific time period.

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