Define Surveys or Polls, Surveys or Polls : The word survey or poll usually describes a

Define Surveys or Polls

Surveys or Polls: The word survey or poll usually describes a method of gathering information from a sample of individuals. In contrast to a census, where all members of the population are studied, surveys collect details from only a part of a population of interest. The size of sample will mainly depend on the aim of the study. In a statistically valid survey, the sample is chosen so that each person in the population has a measurable chance of participating. This allows the analyst to reliably project from the sample to the larger population.

View Complete Question

Related Questions in Microeconomics

Q : Social opportunity cost of resource

Economic rent is: (w) income received by a factor owner in excess of the social opportunity cost of supplying the resource. (x) the difference between a firm’s revenues and the sum of the fixed and variable costs of production. (y) a form of eco

Q : Econ Give the answer of following

Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

Q : Increasing in real market rate of

The real market rate of interest will increase when there is an increase into: (w) pessimism on the parts of investors. (x) willingness to hold illiquid assets. (y) total capital stock relative to national output. (z) households’ desires to cons

Q : Monopolist in the long run Within the

Within the long run, here a monopolist: (w) will produce a positive economic profit. (x) will produce an economic profit of zero. (y) may incur an economic loss. (z) will produce an economic profit of zero or greater.

Q : Time Estimates for Individual

Time Estimates for Individual Activities: A) Weighted Average Activity Time, t = (a + 4m + b)/6B) Standard deviation of activity times, σt = (b-a)/6C) Standard d

Q : Prices and costs in monopoly market

When this monopoly generates Q units: (1) P > MC. (2) MR = MC. (3) total revenue total cost is maximized. (4) MSB > MSC. (5) All of the above.

Q : Propensity to consume Propensity to

Propensity to consume: This exhibits the level of consumption at various levels of income in the economy.

Q : Market experience increases in quantity

When equilibrium moves from point a to point b, the merely market experiencing raise within quantity supplied is demonstrated into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Q : Exploitation and the Wage Rate Assume a

Assume a neither firm possessing both the monopsony power as an employer and the market power in its output market, however which can neither wage discriminate nor price discriminate. In the equilibrium in its labor market for workers, of the given va

Q : Marginal revenue and cost equality of

Pure competitors produce where P is = MC since: (w) their objective is community welfare, not profit. (x) this always allows them excess profits. (y) maximum profit needs that MR = MC. (z) they can set any price they desire

Discover Q & A

Leading Solution Library

Avail More Than 1445912 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950387
Asked

3,689

Active Tutors

1445912

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment