What Is One Potential Shortcoming of Using Interviews and Questionnaires

question 54

Multiple Choice

What is one potential shortcoming of using interviews and questionnaires in developmental research?

• A)Responses often change if the interview or questionnaire is re-administered to the same set of participants.
• B)Only a small amount of useful information is typically obtained.
• C)Responses may be inaccurate because participants provide socially desirable responses.
• D)Both interviews and questionnaires are time consuming to administer.

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Definitions:

Demand

The amount of a product or service that buyers are prepared and able to buy at different price levels over a specific time frame.

Perfect Price-Discriminate

A theoretical pricing strategy where a seller charges each customer the maximum price they are willing to pay, leading to maximum profit without excess supply or demand.

Marginal Cost

The increase in expenses associated with the production of an extra good or service unit.

Price Discrimination

A pricing strategy where a firm sells the same product at different prices to different groups of consumers, based on their willingness to pay, without any differences in production cost.