Intensive Interviewing with Key Informants Should Continue Until New Interviews

question 31

True/False

Intensive interviewing with key informants should continue until new interviews yield little new information.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a state of market balance.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices.

Supply

The total amount of a good or service available for purchase by consumers at a given price level and time.

Equilibrium Quantity

The quantity of a good or service at which the quantity demanded equals the quantity supplied at the market price.