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In a Market Experiment

Question 37

Multiple Choice

In a market experiment:


A) the seller changes those variables that are anticipated to be determinants of the quantity sold of a product.
B) consumers fill out questionnaires that ask how they would react if the seller changes those variables that are anticipated to be determinants of the quantity sold of a product.
C) interviewers fill out questionnaires that ask how consumers would react if the seller changes those variables that are anticipated to be determinants of the quantity sold of a product.
D) those variables that are anticipated to be determinants of the quantity sold of a product are held constant by the seller while other variables within the demand function are changed.
E) non-price variables within the demand function are changed to see how consumers will react.

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