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(MKTG 360) All of the following are fundamental assumptions of conjoint analysis except... Part worth of an attribute can be found by using choice, preferences,
(MKTG 360) All of the following are fundamental assumptions of conjoint analysis except...
Part worth of an attribute can be found by using choice, preferences, rankings, and willingness to pay.
The total utility or willingness of a product can be inferred by the sum of the part worths of all the attributes included in the product.
You cannot include brands when you do a conjoint analysis.
Products are essentially bundles of attributes.
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