The __________ Method Has Two Advantages Over Other Traditional Methods

question 35

Multiple Choice

The __________ method has two advantages over other traditional methods of data collection: the cost is relatively minimal and the turnaround time for data collection to report presentation is much quicker.

• A)personal interview
• B)telephone interview
• C)mail survey
• D)online survey
• E)fax survey

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Definitions:

Incomes of Buyers

Refers to the earnings received by consumers which influence their purchasing power and demand for goods and services.

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a specific price.

Demand

Demand refers to the quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.

Tattoos

Permanent designs or markings made on the skin using pigments inserted through punctures.