The Major Disadvantage of a Mail Survey Versus a Telephone

question 1

Multiple Choice

The major disadvantage of a mail survey versus a telephone or personal survey is

• A) having to offer premiums.
• B) the failure of respondents to return the questionnaire.
• C) the elimination of interview bias.
• D) the lack of open-ended questions.
• E) the cost.

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Definitions:

Economic Consultant

A professional who provides expert advice on economic strategies, market analysis, policy formulation, and financial planning to businesses or governments.

Short Run

An economic duration where a minimum of one factor, like the size of a facility, remains constant and unchangeable.

Profit-Maximizing Price

The price level at which a firm can generate the maximum possible profit, considering the relationship between price, demand, and cost.

High School Yearbook

A publication compiled annually by students or staff, capturing memories, photographs, and articles related to the events and people of a specific school year.