Which Type of Bias Occurs When Respondents Tend to Answer

question 8

Multiple Choice

Which type of bias occurs when respondents tend to answer questions with a certain slant?

• A)interviewer bias
• B)self-selection bias
• C)self-preservation bias
• D)response bias

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Definitions:

Monopolistic Distributor

A market scenario where a single distributor controls the majority of the supply of a particular product, thereby having significant influence over its distribution and pricing.

Monopolistic Producer

A single producer or a company that has exclusive control over the supply of a particular good or service, making it the only entity in the market capable of determining price and output levels.

Marginal Cost

The expense incurred from the manufacture of an extra single unit of a product or service.

Monopolist

An individual or entity that has exclusive control over the supply of a particular good or service, allowing for the manipulation of prices.