Which of the Following Is the Best Definition of a Controlled

Multiple Choice

Which of the following is the best definition of a controlled market study?

A) A carefully designed study of a market situation.
B) A study of demand and supply in a single market.
C) A study that varies key economic variables in one or more markets to determine the effects of the changes.
D) A study that assumes differences in sales can be accounted for by unmeasured variables.
E) A study that uses a trial and error method to determine probable market outcomes.