In Order for Survey Research to Accurately Reflect the Population,the

question 87

Multiple Choice

In order for survey research to accurately reflect the population,the participants must ________.

• A)be likely to buy the product referred to in the survey
• B)be contacted online
• C)have a positive perception of the company conducting the survey
• D)be selected randomly from the population
• E)have unique opinions

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Definitions:

Antitrust Laws

Regulations designed to promote competition and prevent monopolies by restricting certain business practices deemed unfair or anti-competitive.

Less Competitive

Characterized by a lower ability or lack of ability to rival others in the same market.

Perfect Price Discrimination

A pricing strategy where a seller charges the maximum possible price for each unit consumed that a buyer is willing to pay, capturing the entire consumer surplus.

Marginal Revenue

is the additional revenue that a company gains from selling one more unit of a good or service.