In Mail and in Web-Based Surveys,which Form of Order Bias

question 11

Multiple Choice

In mail and in web-based surveys,which form of order bias is likely to occur?

• A) Recency effect
• B) Primacy effect
• C) Halo effect
• D) Demand effect
• E) Leniency

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Definitions:

Fixed Costs

These are expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Required Return

The minimum rate of return an investor expects to achieve by investing in a particular asset.

Initial Investment

The upfront sum of money required to start a project, purchase an asset, or invest in a business venture.

Cash Break-even Point

The cash break-even point is the level of output or sales at which a business generates enough revenue to cover its operating cash expenses, without necessarily making a profit.