All of the following are problems with using purchase data to understand product form and category competition EXCEPT that
A) Brand switches occur across complements as well as substitutes
B) They represent what consumers actually do, not what they might do
C) The data collected are often at the household level
D) Brand switch for variety may be mistakenly inferred as switch due to substitutability
E) Observed brand switching could be due to different household members' preferences
Correct Answer:
Verified
Q32: Identify the two alternative approaches to assessing
Q33: External sources of information, such as commercial
Q34: The use of predefined categories for defining
Q35: A key source of purchase data used
Q36: Identify the INCORRECT statement pertaining to electronic
Q38: If a cross-elasticity with respect to price
Q39: This approach of estimating competition from customer
Q40: The usefulness of the consideration set concept
Q41: This approach to defining competition is based
Q42: In the early growth stages of a
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