Which of the Following Would Be Used When Reporting Results

question 55

Multiple Choice

Which of the following would be used when reporting results in a qualitative research report?

• A) Quotes from the research participants
• B) Tables summarizing statistical analysis of the data gathered
• C) The results of administering psychological tests to the research participants
• D) Probability values

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Definitions:

Market Power

The ability of a firm or group of firms to manipulate prices or output in a particular market, often due to lack of significant competition.

Elasticity Of Demand

A measure of how responsive the quantity demanded of a good or service is to a change in its price.

Mark-Up

The amount added to the cost price of goods to cover overhead and profit; it is the difference between the cost of a good or service and its selling price.

Market Power

The ability of a company or entity to influence the price and output levels in a market.