Which of the Following Is a DISADVANTAGE of Using Existing

question 21

Multiple Choice

Which of the following is a DISADVANTAGE of using existing sources of data for research?

• A) Researchers often seek answers to questions the data does not directly address.
• B) Researchers have to spend a great deal of time and money to get the data.
• C) Researchers do not have access to existing sources.
• D) Existing sources are irrelevant to the contemporary world because they are from a different time and place.

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Definitions:

Quantity Supplied

The overall quantity of a product or service that suppliers are prepared to offer for sale at a certain price during a defined time frame.

Demand Increase

A rise in the quantity of a product or service that consumers are willing and able to purchase at a given price over a certain period of time.

Usury Laws

Regulations that impose a maximum interest rate that can be charged on loans to prevent excessive and unfair interest rates.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, or the income earned on deposited funds.