Which of the Following Statements Describes a Survey

question 171

Multiple Choice

Which of the following statements describes a survey?

• A) controlled observation in which experimenters manipulate variables
• B) researchers directly observing people in a study
• C) researchers focusing on a single person
• D) researchers asking participants questions, either orally or written

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Definitions:

Economies of Scale

Economic benefits that companies gain from their size of operations, which result in a reduction in the cost per unit as the scale increases.

Horizontal Demand

A market situation where the demand for a product remains constant regardless of changes in its price.

Entrepreneurs

Individuals who, rather than working as employees, found and run small businesses, assuming all the risks and rewards of the venture.

Technological Change

Refers to the improvements and innovations in technology that enhance productivity or enable new products and services.