16
QuizMultiple Choice

Business Essentials — Quiz

Question 16 • Financial Math

Which research questions would best help understand the shifts in consumer preferences and their impact on the demand for the new streaming service?

Answer
A
How many devices can simultaneously stream content on the new service?
B
What is the average rating of movies on the new service?
C
How much does the new streaming service cost compared to others?
D
What factors influence consumer preferences, and how do these preferences impact subscription rates?

Explanation

To understand shifts in consumer preferences and how they affect demand, research should identify what consumers value and connect those preferences to subscription rates. Choice A asks both questions directly. The other choices focus on a single service feature or comparison rather than how changing preferences influence demand.

AI-written and checked against the verified answer.

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