The Revealed Preference Approach Refers to

question 11

Multiple Choice

The revealed preference approach refers to

• A) Asking consumer to reveal their preferences using survey methods
• B) Estimating demand curves by using data on individual consumers
• C) A statistical method used to estimate demand curves
• D) A method of gathering information about consumer's preferences by observing their actual choices

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Definitions:

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for coding and classifying mortality and morbidity data until its replacement by ICD-10-CM.

ICD-10-CM

The International Classification of Diseases, Tenth Revision, Clinical Modification; a coding system used to classify and code all diagnoses, symptoms, and procedures.

Total Of 3-5 Characters

A count or limit specifying that only between three to five characters are considered or required.

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for classifying diagnoses and procedures associated with hospital utilization.