Cluster Sampling and Stratified Sampling Differ in All of the Following

question 34

Multiple Choice

Cluster sampling and stratified sampling differ in all of the following ways except ________.

• A)the number of subpopulations chosen
• B)their objectives
• C)classification of sampling techniques
• D)with respect to homogeneity and heterogeneity

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Definitions:

ATC

The cost per unit of output, calculated by dividing the total costs (both fixed and variable) by the total quantity produced; identical to Average Total Cost.

MC

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

Marginal Cost

The cost of producing one additional unit of a product or service, an important concept in economics for decision-making regarding production levels.

Total Variable Costs

The sum of all costs that vary with the level of output, including materials, labor, and other expenses that increase or decrease as production changes.