What Is One of the Advantages of Structured Interviews in Assessing

question 20

Multiple Choice

What is one of the advantages of structured interviews in assessing clients?

• A) Scoring is based on empirical research.
• B) Structured interviews do not require training.
• C) The interviewer can probe further when necessary.
• D) The structured interview has a strict time limit that provides more time for other diagnostic tests.

---

Definitions:

Colluding Firms

Companies that agree, often covertly, to work together, typically to set prices or market conditions, in order to reduce competition.

Cost Function

A mathematical expression that calculates the total cost of producing a certain number of goods or services.

Market Demand

The aggregate quantity of a good or service that all consumers in a market are willing and able to purchase at different prices.

Stackelberg Leader

The Stackelberg leader refers to the dominant firm in a duopoly that makes its production decision first, thereby influencing the market actions of the following competitor.