In Which Sampling Technique,are Participants in a Study Selected by Referral

question 8

Multiple Choice

In which sampling technique,are participants in a study selected by referral?

• A) Convenience
• B) Judgment
• C) Quota
• D) Snowball
• E) Area

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Definitions:

Monopolist

A firm that is the only producer of a good that has no close substitutes.

Linear Demand Curve

A graphical representation showing how the quantity demanded of a good or service varies with its price, typically depicted as a straight line on a graph.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay, reflecting consumer benefit.

Market Price

The present rate at which a product or service can be purchased or sold on the market.