Identify the Sampling Technique Used

question 56

Multiple Choice

Identify the sampling technique used.
-A researcher randomly selects and interviews fifty male and fifty female teachers.

• A)stratified
• B)random
• C)cluster
• D)convenience
• E)systematic

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Definitions:

Kinked Demand Curve

A market theory that suggests prices have a tendency to remain stable because competitors will match price decreases but not price increases.

Cutthroat Competition

An extremely competitive market situation where competitors use aggressive tactics to undercut each other's prices, leading to very low profit margins.

Sticky Prices

A situation in economics where the prices of goods and services are slow to respond to changes in the supply and demand.

Herfindahl-Hirschman Index

A measure of market concentration to assess the level of competition within an industry.