Social Studies, 26.06.2020 16:01 deneshau

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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Which of the following statements best explains why producers conduct market research?
A. Pro...