THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 14

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The U.S.Senate has 100 members.62 senators' offices obtained certain information from the individuals responsible for managing correspondence.Of these,40 specified a minimum number of letters that must be received on an issue before a form letter in response is created.
-Explain cluster sampling and state its advantages.

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Definitions:

Aggregate Demand Curve

A curve that shows the relationship between the overall price level in the economy and the total demand for goods and services at that price level.

Demand Curves

Graphs showing the relationship between the price of a good and the quantity demanded by consumers.

Market Price

The equilibrium price determined through the interaction of supply and demand in a competitive market.

Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded by consumers.