Examlex
An explanatory study is being designed to measure the outcomes when implementing a specific intervention during patient care.What are the characteristics of this type of quantitative study?
Select all that apply.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Long Run
A period of time in economics during which all factors of production and costs are variable, and all adjustments can be made within the economy.
Concentration Ratio
A measure of the market share held by the largest firms within an industry.
Industry
The segment of the economy concerned with production, as opposed to services, characterized by the manufacture of goods.
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