__________ Is Simple Random Subsamples That Are More or Less

question 35

Multiple Choice

__________ is simple random subsamples that are more or less equal on some characteristic are drawn from within each stratum of the population.

• A) stratified sampling
• B) snowball sampling
• C) cluster sampling
• D) quota sampling

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Definitions:

Total Surplus

The total net gain to society from a market transaction, which is the combination of consumer surplus and producer surplus.

Consumer Surplus

The gap between the aggregate amount buyers are willing and able to spend for a good or service, versus what they actually spend.

Property Rights

The legally guaranteed rights to own, use, and dispose of assets, including physical and intellectual property.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total benefits received by all parties involved.