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An Online Survey Is Vulnerable to ________ Because It Captures

question 61

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An online survey is vulnerable to ________ because it captures only the opinions of those who visit the site and choose to participate.


Definitions:

Sunk Cost

Costs that have already been incurred and cannot be recovered, which should not influence future financial decisions.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, not based on costs.

Intermediate Product

This term describes a product that has undergone some processing but is not yet a final product. It requires further manufacturing before reaching the end consumer.

Processed Further

Refers to additional operations or enhancements performed on a product after the initial manufacturing or production stage.

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