Simulated test markets are:
A)contrived environments that mimic real-life situations.
B)large samples of respondents that voluntarily complete questionnaires on a regular basis.
C)hybrids of primary and secondary research conducted by a research company, spreading the cost across many clients to reduce the price.
D)obtained by watching how people behave, either in person or by using a machine to record events.

Question

Quizplus · Accepted Answer

Experiments conducted in contrived environments that mimic real-life situations are known as simulated test markets.

Simulated Test Markets Are