A Drawback of a Community Research Panel Is

question 10

Multiple Choice

A drawback of a community research panel is:

• A)it requires community members to learn new roles.
• B)it requires researchers to learn new roles.
• C)it is time-consuming.
• D)all of the above

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Definitions:

Weak Axiom

A less stringent version of a mathematical axiom used in economics and decision theory that deals with the consistency of consumer choices under varying circumstances.

Revealed Preference

A concept in consumer theory stating that the preferences of consumers can be revealed by their purchasing habits.

Prices

The price in money anticipated, needed, or given in exchange for a commodity.

Strong Axiom

An advanced principle or rule, often within a specific field of study, that has widespread acceptance and provides a solid foundation for further developments.