Which of the Following Was Not Mentioned as Appropriate Procedure

question 52

Multiple Choice

Which of the following was not mentioned as appropriate procedure in conducting interview surveys?

• A) interviewers should not arrive at the household too early or late in the day
• B) interviewers must be prepared at times to be a persistent boor
• C) minor small talk should be avoided
• D) if instructed to do so, the interviewer should properly edit all responses

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Definitions:

Equilibrium Price

The market price at which the quantity demanded equals the quantity supplied, leading to market equilibrium.

Purely Competitive Market

A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price-taking behavior.

Total Revenue

The total amount of money a company receives from its goods or services over a certain period of time.

Profit-Maximizing Output

The level of production at which a company can achieve the highest possible profit based on its cost structure and the market price of its products.