Under What Conditions Would It Be Appropriate to Use a Snowball

question 34

Multiple Choice

Under what conditions would it be appropriate to use a snowball sampling technique?

• A) when the characteristic of interest to the study is a deviant one and only a small number of people who know one another are required
• B) when your questionnaire can be administered in a narrow geographic area
• C) when all you need to do is interview persons from a population where the sampling frame is known
• D) when the researcher absolutely must have a sample that is representative of the population from which it is drawn

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Definitions:

Vertical Demand Curve

A demand curve that is vertical reflects an instance where the quantity demanded does not change in response to changes in price, indicating perfectly inelastic demand.

MR = MC

The optimal point in economic theory where marginal revenue equals marginal cost, leading to the most efficient level of production.

D = ATC

The condition where a firm's demand curve (D) equals its average total cost (ATC), often used in economic models to analyze firm behavior.

Selling Price

The actual price at which a product or service is sold to the customer.