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If participants are randomly assigned to the control group and the treatment group, the study becomes a(n) ______.
Short-Run Equilibria
A market condition where supply and demand are balanced, but only temporarily as external factors can soon alter this balance.
Demand Increases
A situation where the quantity of a good or service that consumers are willing and able to purchase at a given price rises.
Competitive Market
A market structure characterized by a large number of buyers and sellers, where no single entity has the power to significantly influence market prices.
Market Supply
The total amount of a product that sellers are willing and able to sell across all markets at a given price level over a specific time period.
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