Market Research is included under the field of Business Economics. Which of the following subjects are…
Within the scope of business economics, market research covers the analysis of market structure, sales promotion, advertising, and salesmanship to evaluate how effectively…
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Market Research is included under the field of Business Economics. Which of the following subjects are studied under Market Research?
Answer and explanation
Correct answer D
Within the scope of business economics, market research covers the analysis of market structure, sales promotion, advertising, and salesmanship to evaluate how effectively products are promoted and sold. Marginal utility and consumer's surplus belong to utility analysis, the law of demand and differential demand belong to demand theory, and taxation and labour policy are areas of macroeconomic public policy.
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Madhya Pradesh SET (MP SET)