A Major Limitation of Archival Research Is That

question 33

Multiple Choice

A major limitation of archival research is that

• A) most archival data are nonscientific
• B) archival data are not always factual
• C) records and data are often difficult to obtain
• D) biases may be present in the records or data

---

Definitions:

Output Level

The quantity of goods or services produced by a firm or economy at a given time.

Price Discriminate

The practice of selling the same product to different customers at different prices, based on what each customer is willing to pay.

Profit Earn

The income a business receives after all expenses and costs are subtracted from total revenue.

Price Discrimination

The practice of charging different prices for the same product or service to different consumers, based on their willingness to pay.