In the Classroom Experiment Where a Mug Is Bought and Sold

question 35

Multiple Choice

In the classroom experiment where a mug is bought and sold,

• A) those who possessed a mug where willing to sell it for less than the price that those who did not have a mug were willing to offer.
• B) those who possessed a mug where willing to sell it for more than the price that those who did not have a mug were willing to offer.
• C) the price that students were willing to pay to obtain a mug eventually coincided precisely with the price required by those who possessed a mug and were willing to sell it.
• D) the price of a mug appeared to have no correlation with whether a student owned a mug or not.

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Definitions:

Flexible Variable

A factor in a situation or system that can be changed or adjusted to suit different conditions or requirements.