Leon Mailed Out 2,000 Copies of a Questionnaire Aimed at Assessing

question 99

Multiple Choice

Leon mailed out 2,000 copies of a questionnaire aimed at assessing people's feelings toward a proposed tax increase. He received 200 completed responses. In drawing conclusions about his findings, he should be most concerned about:

• A) interviewer bias.
• B) observer bias.
• C) social desirability bias.
• D) nonresponse bias.

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Definitions:

Inelastic Demand

A situation where the quantity demanded of a good or service changes little when its price changes.

Movie Theaters

Venues specifically designed for the exhibition of films to the public, where viewers watch movies on large screens.

Price-Discriminate

Price discrimination refers to the strategy where a company sells the same product to different customers at different prices based on factors such as willingness to pay, market segment, or geographic location.

Elastic Demand

A situation where the quantity demanded of a good or service significantly changes in response to a change in its price, indicating a high price sensitivity.