A Respondent's Tendency to Choose an Alternative Merely Because It

question 84

True/False

A respondent's tendency to choose an alternative merely because it occupies a certain position on the page or in a list is called order bias.

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Definitions:

Revenue

The total income generated by a company or organization from its normal business operations.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, keeping all other inputs constant.

Profit-maximizing

A strategy or point where a firm or entity makes the highest possible profit under given market conditions.

Negative

Often used to describe a detrimental condition or decrease in quantity or quality in various contexts.