Which of the Following Is an Accurate Statement About Open-Ended

question 11

Multiple Choice

Which of the following is an accurate statement about open-ended questions?

• A)They are less time-consuming to code than closed-ended questions.
• B)They are cheaper to analyze than closed-ended questions.
• C)They offer very few response alternatives in comparison to closed-ended questions.
• D)They are more useful in evaluating people's thoughts than closed-ended questions.

---

Definitions:

Positive Prices

Prices that are above zero, indicating that goods or services have a monetary value that consumers need to pay to acquire them.

Horizontal Intercept

The point at which a curve or line intersects the horizontal axis on a graph, often representing a variable's value when another variable is zero.

Price Of Good 1

The cost at which the first specified good or service is sold in the market.

Budget Line

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