An Example of an Informal Survey Conducted by an Employer

question 56

Multiple Choice

An example of an informal survey conducted by an employer would be a(n)

• A)governmental agency survey.
• B)professional organization survey.
• C)telephone survey.
• D)industry-wide survey.
• E)commercial survey.

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Definitions:

Wage Earners

Individuals who receive compensation for their labor or services in the form of wages or salary.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied is completely unresponsive to price changes.

Excise Tax

A tax levied on specific goods or services, such as tobacco, alcohol, and gasoline, often intended to discourage their use or generate revenue.

Consumers

People or collectives who buy products and services for their own consumption.