The Advantage of the Delphi Technique Is That ________

question 41

Multiple Choice

The advantage of the Delphi technique is that ________.

• A) it allows members to come up with wildly impractical ideas
• B) it allows members to know why individuals voted the way they did
• C) it allows members to discuss ideas in person
• D) it is suitable for gathering ideas from group members who are too geographically separated
• E) it takes the least amount of time compared to the other decision-making techniques

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Definitions:

Cable TV

A system of delivering television programming via coaxial cables to subscribers, offering a variety of channels and services.

Average Total Cost

The total cost divided by the number of units produced, representing the cost per unit of output.

Demand Curve

A graph showing the relationship between the quantity of a good that consumers are willing to buy and the price of the good.

Natural Monopolies

Industries or markets in which the production or supply of a good or service is most cost-effective when there is a single provider, due to high infrastructure or entry costs.