Mary's Bakery is trying to determine what price to charge for her cookies, so Mary places a low price on them and raises it each week, keeping track of how many she sells. Then she determines what her cost was for the cookies and determines which price was the most profitable. What form of research was Mary conducting?

A) scanner-based
B) a panel
C) an experiment
D) observation
E) survey

Respuesta :

Answer: An experiment.

Mary is trying to conduct a business experiment.

Explanation:

Conducting an experiment in business is the process that deals with taking measures to examine quality, performance, strategy, design, etc based on tested and learned approach. It has to do with testing innovations, ideas, as well as risk reduction and control. Conducting business experiment helps a company to save money and rescue them from the risk of plunging into a market they have little knowledge of.