Nolan Is Running a Research Study in Which Current Participants

question 56

Multiple Choice

Nolan is running a research study in which current participants are asked to recruit their friends for participation. What type of sampling is he using?

• A) cluster random sampling
• B) simple random sampling
• C) convenience sampling
• D) snowball sampling

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Definitions:

Decrease Supply

A situation where there's a reduction in the quantity of a good or service that producers are willing and able to sell at a given price.

Elasticity

A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in price.

Tax

A mandatory financial charge imposed by a governmental organization on individuals or entities to fund public expenditures.

Slightly Inelastic

A situation where a change in price leads to a relatively smaller change in the quantity demanded or supplied.