Joe is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking about developing a new product line. The advantages of using these data include .

Full question:

Joe is reviewing secondary data his company collected about seasonal variation in consumer spending because he is thinking about developing a new product line. The advantages of using these data are that

a. their high cost can be justified by the results.

b. they are new and can be used to project overall demand.

c. they are historical data that can be used to accurately predict future trends.

d. they have been collected for just the purpose Joe is using it for.

e. they can be quickly accessed at a relatively low cost.

The advantages of using these data are that  they can be quickly accessed at a relatively low cost.

Explanation:

Secondary data is the information that has been previously gathered by and immediately accessible from different sources. Such data are more affordable and more instantly achievable than the primary data. Because someone else has previously accumulated the data, the researcher does not require to spend any cash, time, or work into the data collection frames.

It is inexpensive. It preserves works and costs. Reanalyzing data can also guide to amazing inventions. we can get out what are the ways and lacks and what supplementary information necessitates to be obtained.

answer; comparing the additional benefits and costs;