Examlex
Explain the difference between price cap regulation in a natural monopoly and the effect of a price ceiling in a competitive market.
Exploratory
Research designed to investigate an area or phenomenon that is not well understood, often used to generate hypotheses for further study.
Experimental
Pertaining to a method of research that tests a hypothesis under controlled conditions.
Double-blind
A study or clinical trial design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.
Dependent Variable
A variable that an experimenter predicts will be affected by manipulations of the independent variable.
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