Which of the Following Is TRUE

question 24

Multiple Choice

Which of the following is TRUE?

• A)A motive may refer to any inner state that channels behavior toward goals.
• B)A general advantage of the questionnaire approach over the observational approach is its versatility or wide scope.
• C)The communication method is considered versatile because with it a researcher can collect information on demographics,life-styles,attitudes,knowledge,intentions,and behavior.
• D)Both a and b.
• E)a,b,and c.

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Definitions:

Marginal Cost

The cost of producing one additional unit of a good or service, taking into account factors that vary with production levels.

Average Cost

The total cost of production divided by the number of units produced, indicating the cost per unit of output.

Rent-Seeking Behavior

Activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulating the social or political environment.

Net Social Gain

The total benefit to society from producing and consuming a good or service, taking into account both the private benefits and costs and any external benefits or costs.