Tape Recorders Alter the Willingness of Key Informants to Be

question 9

True/False

Tape recorders alter the willingness of key informants to be truthful so much that they are rarely used in intensive interviewing.

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Definitions:

Long-run Equilibrium

This is a condition where all factors of production and outputs in an economy or market are optimized and can vary to reach a state of general equilibrium.

Price-taker Industry

An industry in which individual firms have no control over the price of their product and must accept the market price set by the forces of supply and demand.

Price-taker Industry

An industry in which individual firms have no control over the price of their product; they "take" the market price as given.