Identify the Type of Study Used

question 48

Multiple Choice

Identify the type of study used. A town obtains current employment data by polling 10,000 of its citizens this month.

• A) Cross-sectional
• B) Prospective
• C) Retrospective
• D) None of these

---

Definitions:

Total Revenues

The total amount of income generated by the sale of goods or services related to the company's primary operations.

Least Elastic Supply

A situation in the market where the supply of a product or service is least responsive to changes in price.

Midpoint Method

A technique used in economics to calculate the elasticity of demand or supply by averaging the start and end points of a range.

Drug Interdiction

The policy or practice of preventing the importation, trafficking, and use of illegal drugs by enforcement or military means.