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Several medical studies have established a link between television watching and obesity, due not only to the inactivity and the snacking that often goes with it, but also to the incitement to consume sugar sweetened foods and soft drinks." (Dagnaud, 2003) . Another researcher wants to know whether 10-year-olds, 12-year-olds, or 14-year-olds are most likely to respond to a new advertising approach for Fruit Loops cereal. Which of the following research designs will provide the most useful results?
Supply and Demand
Fundamental economic model describing how prices vary as a result of a balance between product availability and consumers' purchasing desires.
Opportunity Cost
The financial loss associated with rejecting the subsequent preferable choice when deciding or selecting amongst various options.
Specialization
The process of focusing on and becoming expert in a particular subject or skill, or of businesses, regions, or nations concentrating on producing certain goods or services.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, essentially what is given up when choosing one option over another.
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