Which Part of the Feasibility Study Contains Information About the Nature

question 62

Multiple Choice

Which part of the feasibility study contains information about the nature of your competition?

• A) Marketing plan
• B) Technical feasibility
• C) Market assessment
• D) Profit assessment

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Definitions:

Equilibrium Quantity

The quantity of goods or services bought and sold at the equilibrium price in a market.

Market

A place or arena where buyers and sellers meet to exchange goods, services, or information, often determining the prices through the forces of supply and demand.

Sellers

Individuals or entities that offer goods or services for sale.

Tax

A mandatory monetary fee or different form of charge placed on a taxpayer by a government entity to finance government operations and assorted public expenses.