Which of the Following Is a Variable That Comes in Between

question 50

Multiple Choice

Which of the following is a variable that comes in between two other variables and helps show the process by which one variable affects another variable?

• A) Independent Variable
• B) Dependent Variable
• C) Mediating Variable
• D) Moderating Variable

---

Definitions:

Imperfect Competition

A market structure characterized by the presence of several competing firms but which lack the conditions of perfect competition, often leading to market power.

Implicit Cost

The monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market; equal to what the resource could have earned in the best-paying alternative employment; includes a normal profit.

Forgone Rent

The potential income lost by choosing to use a property or resource in a way that is not financially optimal, such as using land for personal use instead of renting it out.

Rental Payments

Regular payments made by a tenant to an owner for the use of the owner's property or land.