Newspaper Advice Columnists Print Only a Fraction of the Letters

question 40

Multiple Choice

Newspaper advice columnists print only a fraction of the letters they receive.Analysis of the printed letters is likely limited by the problem of

• A)selective deposit.
• B)selective survival.
• C)spurious relationship.
• D)situation sampling.

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Definitions:

Producer Surplus

The differentiation between the accepted selling price by producers for a product or service and the final earning.

Consumer Surplus

The gap between what consumers are ready and financially able to spend on a good or service and what they actually spend.

Tax

An obligatory fee or some other type of financial imposition placed on a taxpayer by a government organization, designed to cover the cost of government activities and diverse expenditures in public services.

Per-unit Burden

The financial impact or cost of a tax, fee, or regulation expressed on a per unit basis.