In Questionnaire Design, a Question Such as "Do You Like

question 55

Multiple Choice

In questionnaire design, a question such as "Do you like the diner's dessert selections and service?"

• A)is a question that respondents cannot easily or accurately answer.
• B)is a question that respondents are reluctant to answer because the information is sensitive.
• C)steers respondents to a particular response.
• D)asks two questions at once.
• E)is complex and something respondents may be unfamiliar with.

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Definitions:

Pure Exchange Economy

An economic model where no production occurs and individuals or entities trade pre-existing goods and services among each other.

Walras's Law

A principle in general equilibrium theory stating that if all markets but one are in equilibrium, then the remaining market must also be in equilibrium.

Cobb-Douglas Utility Functions

A particular form of utility function used in economics that represents preferences over two goods, characterized by their constant elasticity of substitution.

Pareto Optimal

A distribution state of resources where no adjustment can be made to better the position of any individual or evaluation criterion without negatively affecting another.