What Is the Main Distinction Between Measurement and Operationalization

question 25

Multiple Choice

What is the main distinction between measurement and operationalization?

• A) measurement involves actually making observations and assigning scores to those observations
• B) operationalization involves actually making observations and assigning scores to those observations
• C) the operationalization process starts much earlier, usually with conceptualization
• D) there is not a difference between the terms

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Definitions:

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced.

Marginal Cost

The change in total production cost that arises when the quantity produced is incremented by one unit.

Average Total Cost

The total cost of production divided by the number of units produced, which includes both fixed and variable costs.

Average Total Cost

The total cost divided by the number of goods or services produced, representing the per unit cost of production.