Researchers Routinely Decide on the Optimum Context in Which to Measure

question 24

Essay

Researchers routinely decide on the optimum context in which to measure their variables of interest. Describe one variable for which a structured interview would be the ideal methodology, and explain why other methodologies would be unsuitable. Do the same for a variable for which naturalistic observation would be ideally suited and for a variable for which structured observation would be ideally suited.

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Definitions:

Diseconomies of Scale

A condition in which a firm experiences an increase in average costs as it increases its output, due to factors such as inefficiencies or complexity.

Marginal Product

The change in total output that results from the employment of one additional unit of a resource.

Marginal Cost

Represents the change in total production costs resulting from making one additional unit of a product or service.

Economies of Scale

Advantages in cost that businesses gain from expanding their production scale, leading to a decrease in the average cost per unit produced as the operation size grows.