When Choosing a Scaling Technique,which of the Following Factors Should

question 31

Multiple Choice

When choosing a scaling technique,which of the following factors should be considered?

• A)the capabilities of the respondents
• B)the levels of information needed (nominal,ordinal,interval,or ratio)
• C)the method of administration
• D)all of the above

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Definitions:

Induced Consumption

Consumer spending that increases when income increases and decreases when income decreases.

Autonomous Consumption

Consumer spending that does not change in response to fluctuations in income, reflecting basic, non-discretionary expenditures.

Disposable Income

The funds set aside by households for spending and saving after income tax subtractions.

APC

Average Propensity to Consume, which refers to the percentage of income that an individual or group spends on consumer goods and services as opposed to saving.