Despite Advances in Communication Systems, the Internet, and Software, the Principles

question 40

True/False

Despite advances in communication systems, the Internet, and software, the principles behind designing questionnaires remain essentially unchanged.

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Definitions:

Long-Run

A term referring to a period of time in economics during which all factors of production and costs are variable.

Short-Run

A period where at least one factor of production is fixed, and firms can only adjust the variable factors.

Diminishing Marginal Returns

A principle stating that as an investment in a particular area increases, the rate of profit from that investment, after a certain point, starts to decrease.

Monitoring

The regular observation and recording of activities taking place in a project or program, for oversight and evaluation purposes.