Which of the Following Do Indexes and Scales Have in Common

question 44

Multiple Choice

Which of the following do indexes and scales have in common?

• A)They are interval measures.
• B)Their attributes form an intensity structure.
• C)They rank-order the units of analysis in terms of specific variables.
• D)Their scores represent a pattern of response.
• E)They are nominal measures.

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Definitions:

Selfish Desires

Individual wants or motivations focused on personal gain, often at the expense of others.

Economizing Behavior

The process of seeking to achieve maximum utility for minimal expenditure, or making decisions that reflect an optimal allocation of resources.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting needs, desires, or expectations.

Least Cost

A principle or method aimed at minimizing the cost of achieving a specific production or economic objective.