Which of the following is a distinguishing feature between cost-benefit analysis and cost-effectiveness?
A. Cost-effectiveness uses economic criteria before setting the standards.
B. Cost-effectiveness requires that an economic value be placed on one's life and bodily integrity.
C. Cost-benefit analysis adopts the most efficient means available to achieve a particular standard.
D. Cost-benefit analysis treats health and safety merely as an instrumental value and denies its intrinsic value.
Answer: D
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The marketing research problem is information oriented
Indicate whether the statement is true or false
Under U.S. law, antidumping duties can be imposed where: I. It is determined that a class of foreign merchandise is being, or likely to be, sold in the U.S. at less than fair value, and a domestic industry is injured as a result. II. A domestic industry needs protection to update its technology to compete with the dumped product
A) I only. B) II only. C) Both I and II. D) Neither I nor II.
The office of lieutenant governor was vacated, and a special election was called to fill the office. When the head of the state's Department of Education decided she might run for the office, she was unsure how running for this office could affect her long-term plans for running for the office of U.S. senator. She has hired a research company to obtain survey data from voters in the state. Given that she must make a decision in less than three weeks, the research company should use:
A. a telephone survey B. focus group interviews C. personal interview surveys D. a mail survey E. a passive people meter
Larger values of r2 imply that the observations are more closely grouped about the
a. average value of the independent variables. b. average value of the dependent variable. c. least squares line. d. origin.