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Identify the problems associated with sampling from phone directories for phone surveys and describe how you might overcome such problems.
Price Changes
Adjustments in the cost of goods and services in the market, often influenced by factors like supply and demand, inflation, and government policies.
Menu Costs
Menu costs are the costs to firms of changing their prices, including the physical costs of changing price tags and the intangible costs of updating pricing information.
Advertising New Prices
The practice of notifying consumers about changes in the prices of goods or services through various forms of media.
Collision Detection
The computational procedure to check and identify when two or more entities in a digital simulation or physical environment occupy the same space at the same time, to prevent or resolve conflicts.
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