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In which circumstances may it be defensible for a researcher to deceive his or her subjects? If deception is defensible,what must a researcher do over the course of research to maintain ethical standards? Discuss in some detail the issues of deception during the Stanford Prison Experiment.
Efficient Amount
The level of production or quantity of a good that optimizes the use of resources to achieve the highest possible satisfaction or benefits.
Unregulated Amount
A quantity or volume not controlled or limited by laws or administrative rules, often relating to production or trade.
Marginal Social Cost
The total cost society bears for the production of an additional unit of a good or service, including both private costs incurred by firms and external costs to others.
Marginal Damage Cost
Marginal Damage Cost signifies the additional harm or cost caused by producing one more unit of a product, often used in environmental economics.
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