Which of the Following Is True of Surveys

question 39

Multiple Choice

Which of the following is true of surveys

• A)They involve the direct observation of behavior.
• B)They can measure both what people say about their behavior and the behavior itself at the same time.
• C)They only measure what people say about their thoughts, feelings, and behaviors.
• D)They are a good source of available data.

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Definitions:

Raise Price

An action taken by producers or sellers to increase the cost at which goods or services are sold, often in response to market conditions.

Single Firm

Refers to an individual business entity that operates in a market, typically producing goods or services.

Monopoly

A market structure in which a single seller dominates the market for a particular good or service, without any close substitutes.

Monopolistic Industry

An industry dominated by a single firm that has control over pricing and the market, facing little to no competition.