Post Properties Is a Company That Manages Apartments in Various

question 19

Multiple Choice

Post Properties is a company that manages apartments in various communities.It is concerned with a glut of apartments in Atlanta,Orlando,and Dallas Its market researcher begins by examining the rental markets in the Southeast,the history of apartment buildings,local economies,competitive rents,and ownership--all information that was on hand and did not require any new research to locate.The market researcher looked at:

• A) a closed study
• B) secondary data
• C) primary data
• D) a statistical analysis
• E) priority databases

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Definitions:

Specialization

Concentration of production on a limited range of goods or services to increase efficiency and productivity, often leading to increased trade between economies.

Lemonade

A sweetened beverage made from lemon juice, water, and sugar, often served cold.

Pizzas

A savory dish of Italian origin, consisting of a round, flattened base of leavened wheat-based dough topped with tomatoes, cheese, and often various other ingredients, baked at a high temperature, traditionally in a wood-fired oven.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods, given a set of inputs.