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Two Researchers Used an Internet Survey That Takes Respondents About

question 68

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Two researchers used an Internet survey that takes respondents about 45 minutes to complete.They had a large percentage of respondents that simply just stopped doing the questionnaire,resulting in a large number of incomplete surveys.The respondents who stopped are referred to as _____.


Definitions:

Budget Line

A graphical representation of all possible combinations of two goods that a consumer can purchase with a given budget at specific prices.

Purchase More

The action of buying an increased quantity of goods or services than previously acquired.

Marginal Utility

The additional contentment a customer derives by consuming one more unit of a product or service.

Demand

The desire and ability of consumers to purchase goods and services at various price levels.

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