A company produces 1,000 packages of chicken feed per month. The sales price is $4.00 per pack. Variable cost is $1.50 per unit, and fixed costs are $1,700 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $1.90 per unit, and fixed costs will increase by 20%. The company will price the new product at $5 per pack. How will this affect operating income? (Hint: Compare the increase in revenue to the increase in cost.)

The correct answer is a) Questionnaire data.

Explanation:

The questionnaire is a set of questions about the facts or aspects that interest in an evaluation, in an investigation or in any activity that requires the search for information. The questions are answered by the respondents. It is a fundamental instrument for obtaining data.

The questionnaire should be written once the objective of what is going to be asked, of what is needed for the investigation, of the data requested or of the characteristics to be evaluated has been determined.

The survey necessarily responds to what has been developed based on the specific objectives, so that the questions that are asked respond to the information that is desired to be obtained. The teacher should not rush into the preparation of the questionnaire because it is an essential piece in obtaining the proposed purposes.

The exam or test that is developed ‘type questionnaire’ should be performed when all respondents are in the same psychological situation and, in addition, doing everything possible so that their answers can be compared. To make a good questionnaire the experience plays a great role since the ability to make them is considered a profession.