The Idea Behind the Direct Market Experiment to Measure Demand

Multiple Choice

The idea behind the direct market experiment to measure demand is to

A) see the effects on the quantity demanded of actual variations in the price of a product.
B) use statistical methods to estimate demand curves from historical data.
C) measure demand by interviewing consumers about their buying habits and intentions.
D) measure the effect of changes in variables, such as income or taste, on price.
E) measure the effect of changes in price on quantities supplied.