Which of the Following Would Be Considered a Method of Descriptive

question 30

Multiple Choice

Which of the following would be considered a method of descriptive research?

• A) correlational research
• B) field experiments
• C) observational studies
• D) laboratory experiments

---

Definitions:

Economic Profit

The gap between the total amount earned and the aggregate of all charges, considering both out-of-pocket and hidden expenses.

Pure Monopolist

A market participant that is the sole seller of a product or service, having significant control over its price.

Marginal Cost

Marginal cost is the additional cost incurred by producing one more unit of a good or service, a critical concept for understanding production decisions.

Output Increment

The increase in output that results from employing an additional unit of input, reflecting the productivity of the input in the production process.