A Difference in Quantitative Indicators and Qualitative Indicators Is

question 156

Multiple Choice

A difference in quantitative indicators and qualitative indicators is

• A)quantitative indicators differ based of who is doing the measuring whereas qualitative indicators are the same among individuals since each one has a unique perspective.
• B)qualitative indicators are subjective while quantitative indicators are objective.
• C)quantitative indicators always consist of numerical amounts while qualitative indicators are not numerical.
• D)quantitative indicators are financial and qualitative indicators are non-financial.

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Definitions:

Sherman Act

This law is a landmark legal statute in the U.S. that prohibits monopolies and any agreements that restrict free trade, aiming to foster competition.

Monopoly Power

The ability of a single seller to control market prices and exclude competitors within a particular market.

Tying Contracts

Agreements where the sale of one product (the tying product) is conditional on the purchase of a second, distinct product (the tied product).

Major Industry

Denotes a leading sector of the economy that plays a significant role in economic development, characterized by a high level of output and employment.