High Social Desirability and High Cost Are Disadvantages of Using

question 48

True/False

High social desirability and high cost are disadvantages of using computer-assisted personal interviewing to collect research data.

---

Definitions:

Allocative Efficiency

The optimal distribution of resources in a market where goods and services are dispensed according to consumer preferences.

Monopolistic Competition

A market structure where many companies sell products that are similar but not identical, allowing for significant competition but with some control over prices.

Pure Competition

A market structure characterized by a large number of small firms selling identical products with no single firm able to influence price.