If You Were to Develop a Qualitative Study,would You Prefer

question 30

Essay

If you were to develop a qualitative study,would you prefer a positivist approach or an interpretive approach? Why? Your answer should show an accurate understanding of both approaches.

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Definitions:

Marginal Cost

The change in total production cost that arises when the quantity produced is incremented by one unit.

Average Total Cost

The total cost of production divided by the number of units produced, which includes both fixed and variable costs.

Average Total Cost

The total cost divided by the number of goods or services produced, representing the per unit cost of production.

Total Fixed Cost

Total fixed cost refers to the sum of all costs required to produce any output in which these costs do not change with the level of output.