Identification Information Is a Type of Information Obtained in a Questionnaire

question 42

True/False

Identification information is a type of information obtained in a questionnaire that includes name,address,and phone number.

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Definitions:

Diminishing Returns

Diminishing returns is an economic principle stating that after a certain point, additional units of input result in progressively smaller increases in output.

Average Fixed

The fixed costs of production divided by the quantity of output produced, indicating the average fixed cost per unit.

Marginal

Pertaining to the additional or incremental changes in costs, benefits, revenues, or other quantities, typically used in analysis of business decisions or economic policies.

Total Cost Curve

A graphical representation that shows the total cost of producing different quantities of output.