Why Would a Researcher Write a Respondent Memo

question 46

Multiple Choice

Why would a researcher write a respondent memo?

• A)to thank the respondent for participating
• B)to keep lists of respondents organized
• C)to note ideas or themes that emerge from a single respondent's data
• D)as a reminder list of analytic tasks remaining

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Definitions:

Marginal Product

The additional output that results from using one more unit of a particular input while holding other inputs constant.

Variable Resource

A factor of production whose quantity can be changed easily by a firm in the short run to adjust output levels.

Total Variable Cost

The sum of all variable expenses associated with producing a particular level of output.

Total Fixed Cost

An expenditure that does not change with the level of production or sales over a short period.