Suppose a researcher has designed a set of questions to evaluate consumer satisfaction with a product. The first question asks the respondent to rate how much they like the product. The second question asks the respondent how likely they are to recommend the product to another person. The final question asks the respondent how likely they are to buy the product again. All three questions use a 7 point scale, and the researcher plans to sum the value of all three answers to a single number for each respondent. Which of the following is TRUE? This is an example of a construct This scale has three items This scale has a single dimension All of the above are true

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Q: Calculate the value of the GDP deflator in 2004. a. 113 b. 116 c. 119 d. 120 *base year is 2003

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Q: Profit is maximum when

A: To find : When will be profit maximum. 

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A: Answer is given below

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A:

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Q: 9. Economics is the study of

A: To find : What is economics.

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