To Accurately Represent the Target Population, a Small Sample Should

question 2

Multiple Choice

To accurately represent the target population, a small sample should be

• A) randomly selected.
• B) representative of the whole group.
• C) representative in terms of demographic traits (age, region, religion, race, and the like).
• D) representative in terms of opinions.
• E) All of the above are true.

---

Definitions:

Quantity of Resources

The total amount of inputs available for the production process, including labor, capital, land, and raw materials.

Price-Taker Market

A market situation in which individual buyers or sellers have no influence on the price of a product, often due to the product being completely standardized and numerous participants.

Tea Industry

The sector of the economy devoted to the production, processing, and marketing of tea.

Output Expansion

Output expansion is the increase in the quantity of goods or services produced by an economy or a firm, often as a result of increased demand or improved production efficiency.