Examlex
The following two statements refer to online data collection.
I.Online data collection is especially appropriate when the questionnaire
Has one or more complex skip patterns.
II.Online data collection costs are relatively higher than other methods when
One needs to interview members of rare or hard to locate populations.
Which,if any,of these statements is (are) true?
Budget Line
This line delineates the combos of two goods a consumer can procure, given their income and the goods' prices, demonstrating the trade-offs and opportunity costs within their budget.
Consumption
The use of goods and services by households or individuals, often measured to understand economic activity and consumer behavior.
Bushels
A unit of volume measure used primarily for agricultural products, with the size varying by product.
Investment
The allocation of resources, usually financial, in the expectation of generating an income or profit, including purchases of financial instruments or capital assets.
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