In MUS,what Is Meant by a Sampling Interval of 900

question 66

Multiple Choice

In MUS,what is meant by a sampling interval of 900?

• A)Every 900^th item will be selected.
• B)Every 900^th dollar will be selected.
• C)Expected misstatement is 900.
• D)Tolerable misstatement is 900.

---

Definitions:

Marginal Revenue Product

The additional income generated from using one more unit of a resource or factor of production.

Marginal Product

The additional output that results from using one more unit of a factor, keeping other factors constant.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor, such as labor or capital, in the production process, critical for decision-making in resource allocation.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor input, considering other factors constant.