All else held constant is the major problem facing all methods of estimating the demand for business

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"All else held constant" is the major problem facing all methods of estimating the demand for business products. Compare and contrast how the marketing and economic approaches deal with this problem.

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Economics for Managers

ISBN: 978-0132773706

3rd edition

Authors: Paul G. Farnham

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Question Posted: Dec 15, 2015 06:37 AM

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All else held constant is the major problem facing all methods of estimating the demand for business

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Test marketing and price experiments can be established so that consumer characteristics in addition ...View the full answer

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