Explain what types of biases arise in the direct surveys

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Question: Many companies hire business economists to develop quantitative estimates of the relationships among the variables that influence the demand for their products. Explain what types of biases arise in the direct surveys approach to understanding consumer demand and behavior. 19. Many companies hire business economists to develop quantitative estimates of the relationships among the variables that influence the demand for their products. Explain what types of biases arise in the direct surveys approach to understanding consumer demand and behavior.

Reference no: EM133711986

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