By Collecting Survey Responses from a Group of People, Researchers

question 12

Multiple Choice

By collecting survey responses from a group of people, researchers can sometimes infer conclusions based on study data and extend them to the larger population. This group is called a ________.

• A) sample
• B) focus group
• C) research group
• D) research point

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Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large majority of the market share and having significant impact on prices and production.

Pure Monopolies

Market structures characterized by a single seller that faces no competition, typically due to high barriers to entry.

Socially Desirable

Refers to actions or policies that are considered beneficial to the wider community or society as a whole.