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A company that manufactures mantels,stairways,doors,windows,and other architectural reproductions brought together a group of 10 recent customers and asked them to discuss what they liked and disliked about the current designs marketed by the company.Which of the following research techniques did the manufacturer use?
Local Incomes
The amounts of money earned by individuals or households in a specific local area, which can reflect the economic conditions of that region.
Scarcity
The limited availability of resources to meet unlimited wants and needs.
Economic Principle
A widely accepted generalization that guides the analysis of economics, helping to predict how economic agents will behave under certain conditions.
Incentives
Factors or stimuli that motivate or encourage individuals or entities to act in a certain way, often aimed at achieving a specific outcome or behavior.
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