A Two-By-Two Experimental Design with 10 People Per Experimental Condition

question 25

Multiple Choice

A two-by-two experimental design with 10 people per experimental condition would require ______ participants.

• A) 20
• B) 40
• C) 60
• D) 80

---

Definitions:

Comparative Advantage

A principle that states a country should produce goods and services at a lower opportunity cost than its trade partners.

Monetary Cost

The total amount of money that is spent in order to purchase goods or services.

Resources

Inputs or assets used in the production of goods and services, including labor, capital, and natural materials.

Absolute Advantage

The advantage in the production of a good enjoyed by one country over another when it uses fewer resources to produce that good than the other country does.