Which of the Following Was a Problem with Relying on College

question 3

Multiple Choice

Which of the following was a problem with relying on college and university students to be participants in psychology experiments, as mentioned in the text?

• A) There is problem in generalizing research results from students to the rest of the population.
• B) Students are overly representative of all three socio-economic classes.
• C) They are considered to be over-educated.
• D) They are only volunteers, and their results may differ from those who would participate for money.

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Definitions:

Price System

The mechanism whereby the prices of goods and services are determined in a free market economy, primarily through the interaction of supply and demand.

Allocation of Resources

The process of distributing available resources among various uses in an economy to meet the needs and desires of individuals and entities.

Favored Customers

Clients who receive special benefits from sellers due to their status, volume of purchase, or long-standing relationship.

Excess Demand

Occurs when the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to shortages.