What Is the Primary Factor Contributing to the Increasing Difficulty

question 155

Multiple Choice

What is the primary factor contributing to the increasing difficulty associated with gathering primary data through surveys?

• A) Most companies do not have any funding for survey research.
• B) Fewer people are willing to participate in surveys.
• C) Laws significantly limit firms' ability to conduct surveys.
• D) Unreliable methods of distributing surveys make them difficult to conduct.
• E) Very little useful information is ever gathered from survey results.

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Definitions:

Price Floor

A government or regulatory imposed minimum price set above the equilibrium price, preventing market prices from falling below a certain level.

Price Ceiling

A legally established maximum price that can be charged for a good or service, usually set by the government.

Shortage

An instance where there is more demand for a product or service than what is available in the market.

Offshore Oil Wells

Drilling sites located in bodies of water, often at a considerable distance from the shore, that are used to extract oil from beneath the ocean floor.