When a Researcher Selects the Most Accessible Population Members from Whom

question 106

Multiple Choice

When a researcher selects the most accessible population members from whom to obtain the information, this is considered a ________.

• A) simple random sample
• B) convenience sample
• C) judgment sample
• D) cluster sample
• E) quota sample

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Definitions:

Government Control

The involvement and regulation by governmental bodies in certain areas of the economy or specific industries to enforce policies and laws.

Consumer Surplus

The disparity between the total payment consumers are willing and have the ability to make for a good or service, and the payment they indeed make.

Consumer Surplus

The divergence between anticipated consumer expenditure on a good or service and the actual expenditure.

Surplus II

An excess of production or supply over demand, leading to potential wastage or decrease in prices.