What Does It Mean to Have "Informed Consent"? What Challenges

question 47

Essay

What does it mean to have "informed consent"? What challenges may a researcher face with this issue?

---

Definitions:

Elasticity of Supply

A measure of how much the quantity supplied of a good changes in response to a change in its price.

Demand

The quantity of a good or service that consumers are willing to buy at a given price over a specific period of time.

Equilibrium Price

The market price at which the quantity of goods supplied equals the quantity of goods demanded.

Elastic the Supply Curve

Describes a situation where the supply of a good or service changes significantly in response to changes in price.