Triangulation

question 16

Multiple Choice

Triangulation

• A)involves using multiple methods and sources when conducting research to ensure greater perspective
• B)requires the use of both qualitative and quantitative methods
• C)involves both inductive and deductive approaches to research to ensure greater research validity
• D)requires that teams of researchers conduct ethnographic fieldwork in a common research project
• E)involves the use of statistics to ensure that research conforms to scientific standards and acceptable margins of error

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Definitions:

International Specialization

The economic strategy where countries focus on the production and export of goods and services for which they have a comparative advantage.

Trading Possibilities Line

A line that shows the different combinations of two products that an economy is able to obtain (consume) when it specializes in the production of one product and trades (exports) it to obtain the other product.

Cost Ratios

These ratios compare different types of costs to each other or to sales in order to evaluate a company's financial efficiency and profitability.

Constant Costs

Costs that do not change in total with the level of activity or production volume, within a certain range of activity or period of time.