Which of the Following Is a Limitation of Survey Research

question 83

Multiple Choice

Which of the following is a limitation of survey research?

• A) Participants often drop out of the research.
• B) It is expensive and time-consuming.
• C) It requires experimental control.
• D) Participants may be dishonest in their answers.

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Definitions:

Economic Profits

The excess of total revenues over total costs, including both explicit and implicit costs.

Perfectly Competitive

Describes a market structure where numerous small firms compete against each other, and products are considered perfect substitutes.

Average Rate

A mathematical mean or typical value of a set of rates, often used in reference to interest rates, pricing, or other financial statistics.

Market Demand

The total quantity of a product or service that is desired by all potential consumers in a market at various price levels.