A Type of Scale That Demands That Respondents Divide Points

question 66

Multiple Choice

A type of scale that demands that respondents divide points among several attributes to indicate their relative importance is called a:

• A)constant-sum scale
• B)Likert scale
• C)Stapel scale
• D)semantic differential

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Definitions:

Per Se Violation

An action that is inherently illegal under antitrust laws, without needing to prove its harm on competition.

Price-fixing

The practice where businesses conspire to establish prices at a certain level, rather than letting them be determined by free-market forces.

Herfindahl Index

A measure of market concentration that is calculated by squaring the market share of each firm competing in a market and then summing the resulting numbers.

Economic Concentration

The degree to which a small number of firms occupy a large proportion of the market in a particular industry.