Which of the Following Statements Is True

question 238

Multiple Choice

Which of the following statements is true?

• A)An increase in supply causes a change in equilibrium price; the change in price does not cause a further change in demand or supply.
• B)A decrease in supply causes equilibrium price to rise; the increase in price then results in a decrease in demand.
• C)If both demand and supply increase there must be an increase in equilibrium price; equilibrium quantity may either increase or decrease.
• D)If demand decreases and supply increases one cannot determine if equilibrium price will increase or decrease without knowing which change is greater.

Differentiate between various research methods (e.g., quantitative, qualitative, experimental) and their applications.

Explain the importance of replicability and control in experiments.

Articulate the role of confidentiality and ethical guidelines in protecting research participants.

Discuss the advantages and disadvantages of different research methods including ethnography, action research, and survey research.

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Definitions:

Market Share

The sector of a market that a certain company or product commands.

Organizational Foundation

The underlying principles and structures that define an organization's identity and guide its operations.

Organization Direction

The strategic goals, vision, and overarching directives that guide the actions and decision-making of an organization.

Organizational Strategies

Approaches and plans implemented by a company to achieve its long-term goals, improve performance, and maintain competitive advantage.