The First Step in Virtually Any Kind of Scale Development

question 35

Multiple Choice

The first step in virtually any kind of scale development is ____.

• A)developing the focus
• B)creating items
• C)assembling a group of experts
• D)assessing reliability and validity

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Definitions:

Total Cost

The sum of all costs associated with the production or provision of a good or service, including fixed and variable costs.

Variable Cost

Expenses that vary in relation to the amount of production or operations.

Output

The total amount of goods and services produced by an individual, company, or country.

Marginal Cost

The cost of producing one additional unit of a good or service.