Which of the Following Statements Does NOT Describe an Advantage

question 105

Multiple Choice

Which of the following statements does NOT describe an advantage of physically smaller,over larger,questionnaires?

• A)They generally take less time to complete.
• B)They are less likely to cause respondents to refuse to participate.
• C)They are easier to carry in the field.
• D)They are easier to sort,count,and file in the office.
• E)They sometimes appear cluttered.

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Definitions:

Long-Run Total Cost

Refers to the total cost incurred by a firm in producing a given output when all inputs, including both fixed and variable costs, are considered over a longer period.

Maximize Profits

A rephrased definition for Profit-Maximizing; aiming to achieve the maximum possible profits through optimal production and sales strategies.

Total Cost

The entire cost of production for a business, including both fixed (unchanging with output) and variable (changing with output) expenses.

Long-Run

A period in economics during which all factors of production and costs are variable, allowing all inputs to be adjusted to change the level of output.