When Participants Are Provided with Specific Responses to Choose from on a Questionnaire

question 158

Multiple Choice

When participants are provided with specific responses to choose from on a questionnaire, what type of format is being used?

• A)open-ended question format
• B)closed-question format
• C)stream of consciousness format
• D)multiple choice format

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Definitions:

Oligopolists

Firms in a market structure dominated by a small number of large companies, having significant control over their industry's prices and policies.

Pure Monopolists

Firms that are the sole providers of a product or service in a market, facing no competition.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for investing in business growth.

Federal Budget

The government's estimate of revenue and spending for a specific fiscal period, detailing how public resources will be allocated.