In a Survey Conducted by a Union, Members Were Asked

question 163

Short Answer

In a survey conducted by a union, members were asked to rate the importance of the following issues: (1) job security, (2) increased fringe benefits, and (3) improved working conditions. Three different responses were allowed for each issue. Among completed surveys, how many different responses to this survey were possible?
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__________ different responses

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Definitions:

Sensitivity

The degree to which the output of a model or system reacts to changes in input parameters or assumptions.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

Variable Cost

Costs that vary directly with the level of production output or volume, such as materials and labor expenses directly involved in product manufacturing.

Volume of Business

The amount of transactions or operations conducted within a specified period by a company, indicating its level of activity or throughput.