Examlex
In Chapter 1 (What Is Psychology?) the importance of critical thinking was noted. In particular, a critical thinker knows that once a general question is raised, the next step is to define one's terms in a clear and concrete way. Chapter 2 (How Psychologists Do Research) provided even more detail in the discussion of operational definitions. How do behavioural geneticists define the meaning of heritability? What does it mean when a trait is said to be "highly heritable"?
Goods X
A placeholder term typically used in economic models to represent a generic good or product.
Marginal Rate
This refers to the rate at which one variable changes with respect to a change in another variable, commonly used in economics and finance to describe rates of substitution and transformation.
Perfect Substitutes
Two goods with straight-line indifference curves.
Constant
A fixed value in mathematics, physics, and other sciences, that does not change under specified conditions.
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