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A study attempted to estimate the proportion of Queensland residents who were willing to spend more tax dollars on solar-powered lighting for streets and public parks.Twenty-five hundred Queensland residents were surveyed.What type of data collection procedure was most likely used to collect the data for this study?
Sole Proprietor
An individual who owns and operates a business alone, bearing all the responsibilities and benefits of the business.
Short Run
A timeline in economics where at least one factor of production is fixed, constraining the ability to adjust to changing economic conditions.
Long Run
In economics, a period of time in which all factors of production and costs are variable and can be adjusted.
New Entrants
Businesses or individuals that recently entered a market or industry, bringing new competition and potentially disrupting existing dynamics.
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