Whether Data Are Stored in One Kind of Database or Another,when

question 23

Multiple Choice

Whether data are stored in one kind of database or another,when conducting secondary analysis,goes to the question of:

• A)What is known about the success of the data collection effort?
• B)Who was responsible for data collection?
• C)How are missing data indicated?
• D)How was the information organized?

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Definitions:

Average Fixed Cost

is calculated by dividing the total fixed costs of production by the quantity of output produced, showing the cost per unit of output.

Total Variable Cost

The sum of all variable expenses related to the production of goods or services, which vary with the level of output.

Total Cost

The sum of all costs incurred by a business in producing a certain quantity of a good or service.

Marginal Cost

The cost change associated with making an additional unit of a product, emphasizing the incremental expense in production activities.