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Ultimately, our alternative mannequin is misspecified for two reasons: it does not embody the variables that drive purchase in real markets and the reactive results of the experimental preparations create confounding results that do not occur outdoors of the research.
Kessler is careful to point out that he’s not a knee-jerk opponent of the drug industry—that he has been on the boards of two drug corporations and that as FDA commissioner he led a drive to streamline the drug approval process, significantly medication desperately wanted on the time to regulate AIDS.
7. ___________________ is the method of dividing a market into different teams primarily based on social class, life-style, or character characteristics. 2. ________________ is the method of dividing a market into smaller groups of buyers with distinct wants, characteristics, or behaviors who might require separate merchandise or marketing mixes.
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