Time Sampling and Situation Sampling Are Used to Increase Which

question 21

Multiple Choice

Time sampling and situation sampling are used to increase which of the following characteristics of observational findings?

• A)efficiency
• B)internal validity
• C)interobserver reliability
• D)external validity

---

Definitions:

Efficient Output

The level of production that maximizes a firm's profits while minimizing its costs, often associated with where marginal cost equals marginal revenue.

Lowest Price

The minimum cost at which a product or service can be bought, often sought after in competitive markets.

Total Profits

The final financial gain from a business operation after subtracting all expenses, taxes, and costs from total revenues.

Firm

A business organization, such as a corporation or partnership, engaged in commercial, industrial, or professional activities.