Explain what types of biases arise in the different approaches to understanding consumer demand and behavior.

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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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Explain what types of biases arise in the different approaches to understanding consumer demand and behavior.

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Using expert opinion may bias the results regarding consumer behavior because sales personnel and ot...View the full answer

Economics for Managers

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