Which of the Following Statements About Informants Is FALSE

question 27

Multiple Choice

Which of the following statements about informants is FALSE?

• A)An informant is a member of the group that you want to study.
• B)You usually want to select informants who are somewhat typical of the group that you are studying.
• C)Informants are sometimes marginal within their group.
• D)Informants are useful in field research.
• E)The terms informant and respondent are interchangeable.

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Definitions:

Profit-Maximizing

How a corporation figures out the most profitable price and volume of production.

Output

The total amount of goods or services produced by a firm or economy.

Total Revenue

The total amount of money a company receives from its business activities before any expenses are subtracted, calculated by multiplying the price per unit by the quantity sold.

Total Cost

The complete cost of production, including both fixed and variable costs.