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Which of the following statements best explains why producers conduct

market research?

A. Producers need to know what consumers want so they can sell

more and make more profit.

B. Producers are concerned about respecting the cultural values of a

diverse group of consumers.

C. Producers want to know what other producers are doing so they

can copy efficient production methods.

D. Producers are strongly motivated to keep costs low so that their

revenues are higher.

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Answers (1)
  1. 14 July, 13:12
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    Answer: C (I think)
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