What Is the Typical Size and Duration of a Focus

question 3

Multiple Choice

What is the typical size and duration of a focus group interview?

• A)4 to 12 participants; 3 1/2 hours
• B)3 participants; 30 minutes
• C)At least 12 participants; 3 hours
• D)4 to 12 participants; 45 minutes to 2 hours

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Definitions:

Property Rights

Legal rights to possess, use, and dispose of assets such as land, buildings, goods, or intellectual property.

Long-Term Stream

A strategy or planning horizon that focuses on achieving goals or outcomes over an extended period, rather than immediate results.

Optimal Extraction Level

The point at which the rate of resource extraction maximizes the value derived from the resource without depleting it beyond recovery.

Extraction Costs

The expenses associated with removing natural resources from the earth, such as mining for metals or drilling for oil.