__________ Sampling Refers to the Sampling Technique That Utilizes Preexisting

question 26

Multiple Choice

__________ sampling refers to the sampling technique that utilizes preexisting, easily accessible participants who are not randomly selected, but simply chosen because of availability.

• A) Convenience
• B) Quota
• C) Purposeful
• D) Snowball

---

Definitions:

Efficient Level Output

The level of production where average total costs are minimized and marginal costs equal marginal revenues.

Zero Profit

A situation in which a firm's total revenues match its total costs, resulting in neither profit nor loss.

Inefficiency

Refers to a lack of efficiency, where resources are not used in the most productive way, often resulting in wasted time or energy.

Monopolies

Market structures where a single producer or seller controls the entire supply of a product or service, often leading to reduced competition.